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

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

Actually, it more resembles a free banking built on gold, but where in this case it’s really easy to withdraw the monetary unit, whereas with the dollar-based banking system there isn’t really a fundamental unit at the core of that.

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

Either way, someone will have to trade a dollar backed by the full faith and credit of the U.S. government for a monetary unit backed by the full faith and credit of Mark Zuckerberg and the 28 corporations on Libra’s governing board.

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