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

The participants were each given five monetary units in local currency, equivalent to half a day's wages.

From Science Daily

And on the other hand, it’s also a financial asset, so bitcoin is the name of the monetary unit that circulates within the bitcoin protocol.

From The Verge

I pictured him in his lair under a bridge, coolly playing “qapik” — an Azerbaijani monetary unit, apparently — at 4 a.m.

From Washington Post

Typically, stablecoin purveyors invoke a mythical past in which the monetary unit of account was free of government manipulation and backed by tangible assets, such as gold in the 19th century.

From Washington Post

Those include arancini, which Italian food aficionados will recognize as balls of cooked rice, and qapik, a monetary unit used in Azerbaijan.

From Reuters