medium of exchange, monetary system(noun)
anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
A monetary system is a set of policy tools and institutions through which a government provides money and controls the money supply in an economy.
The numerical value of monetary system in Chaldean Numerology is: 4
The numerical value of monetary system in Pythagorean Numerology is: 5
Sample Sentences & Example Usage
It is well enough that the people of this nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Metric is definitely communist. One monetary system, one language, one weight and measurement system, one world - all communist! We know the West was won by the inch, foot, yard, and mile.
We think the issuance of, and continuous improvement in eSDR can help establish a new cross-border payment and settlement system using a super-sovereign currency, thus easing flaws in the traditional monetary system.
One could think about strengthening and broadening the global precautionary financing instruments that work for everyone, one could also increase the size of the safety net. Over the next few months, the IMF will be considering with our members these and other issues related to the international monetary system.
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"monetary system." Definitions.net. STANDS4 LLC, 2017. Web. 23 Oct. 2017. <http://www.definitions.net/definition/monetary system>.