monetary unit

American  

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.

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monetary unit British  

noun

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

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Etymology

Origin of monetary unit

Probably earlier than 1860–65

Example Sentences

Bitcoins can be split into smaller units, with a satoshi being the smallest monetary unit.

From BBC

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