Definitions
There is 1 meaning of the phrase
Monetary System.
Monetary System - as a noun
Anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
Synonyms (Exact Relations)
medium of exchangeHypernyms (Closely Related)
criterionmeasurestandardtouchstoneHyponyms (Broadly Related)
Example Sentences
"The United States operates on a fiat monetary system."
"China's monetary system is heavily influenced by the government."
"The European Union has a shared monetary system called the Euro."
"Many countries in Africa rely on a cash-based monetary system."
"A barter system is an alternative to a traditional monetary system."