monetary unit

noun

1. the standard unit of value of the currency of a country, as the dollar in the U.S. and the franc in France.

monetary unit

noun

1. a unit of value and money of a country, esp the major or standard unit

Word History and Origins

Origin of monetary unit¹

Probably earlier than 1860–65

Example Sentences

Gold is the nominal standard of value, the monetary unit being the gold milreis worth 2s.

From Project Gutenberg

The monetary unit, the gold peso, does not form a part of the actual coinage.

From Project Gutenberg

She could as easily have spoken of a chest of Spanish doubloons, or some other monetary unit of romance.

From Project Gutenberg

It consists in a method of making the monetary unit conform to any standard chosen.

From Project Gutenberg

France has the franc, equal to $0.193, as the monetary unit; the principal gold coin is the louis, equal to 20 francs.

From Project Gutenberg