monetary unit

noun

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

Probably earlier than 1860–65

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

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

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

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

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

April 23, 2024inveterate

[in-vet-er-it ]

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