monetary

Everyday

1. Monetary means to do with money, especially the money of a country. tree →
2. Monetary value is how much something is worth in money. tree →

In the lessons

In formal and exam language: monetary value, monetary policy (what a central bank does with money and interest). In maths problems: work out the monetary value of coins or prizes. Phrases: monetary value, monetary policy, monetary unit.

Examples

• The ring has little monetary value but means a lot to me. tree →
• The dollar is the monetary unit of the USA. tree →
• The prize was a medal, not a monetary award. tree →
• The bank decides monetary policy. tree →
• What is the monetary value of these coins? tree →
• Some gifts are worth more than their monetary value. tree →

Note

Formal; everyday word: money. Pronounced MUN-i-tree or MON-i-tree. In maths: monetary value of 5 coins of 20p is 100p, which is 1 pound.