What is the meaning of monetary in Oxford Dictionary?

According to the Oxford Learner's Dictionaries, monetary is an adjective (pronounced / mntri m n t r i / or / mnteri m n t e r i /) used to describe things connected with money, especially the entire money supply or currency system of a country. It often appears before nouns, commonly in phrases like "monetary policy," "monetary unit," or "monetary value."

What is the meaning of the word monetary?

Monetary means relating to money, especially the total amount of money in a country. [business] Some countries tighten monetary policy to avoid inflation. The courts will be asked to place a monetary value on his unfinished career. Synonyms: financial, money, economic, capital More Synonyms of monetary.

Is monetary the same as money?

If it has to do with money or currency, it's monetary, like your childhood toy collection that has no monetary value, but you love it nonetheless. The adjective monetary is related to a Latin word that means “mint,” which is not just a refreshing gum or ice cream flavor but, in this case, where money is made.

What is the meaning of monetary value in simple words?

Definitions of monetary value. noun. the property of having material worth (often indicated by the amount of money something would bring if sold) “the fluctuating monetary value of gold and silver” synonyms: cost, price.

How do you use monetary gain in a sentence?

The players were corruptible, fell into the trap and showed that they were prepared to alter a small aspect of their performance for monetary gain. The recession and resulting layoffs have increased the risk of disgruntled or departing employees leaking information in revenge or for monetary gain.

Money Vocabulary Picture | Everyday Language | Oxford Dictionary

What is an example of monetary?

Examples of monetary items include cash, accounts receivable (AR), and accounts payable (AP). All of these items have fixed numerical values in dollars. Although the numbers do not change, the purchasing power of a dollar can potentially change because of inflation.

What are 5 sentences examples?

Simple sentences in the Present Simple Tense

• I'm happy.
• She exercises every morning.
• His dog barks loudly.
• My school starts at 8:00.
• We always eat dinner together.
• They take the bus to work.
• He doesn't like vegetables.
• I don't want anything to drink.

What is the legal definition of monetary?

According to legal terminology, the term monetary is used to describe anything that pertains to money or financial matters. It encompasses a wide range of concepts, including currency, financial transactions, debts, and financial obligations.

What is the monetary value of a person called?

The term "worth" is used to specify the amount of money a person owns. It is used as in "She is worth 1 million USD". (Meaning, her net worth is 1 million USD.)

What is the use of monetary?

Central banks use monetary policy to manage economic fluctuations and achieve price stability, which means that inflation is low and stable. Central banks in many advanced economies set explicit inflation targets.

What is a monetary payment?

Definition. A monetary transaction is one in which one institutional unit makes a payment (receives a payment) or incurs a liability (receives an asset) stated in units of currency.

What is the adjective of monetary?

adjective. mon·​e·​tary ˈmän-ə-ˌter-ē also ˈmən- : of or relating to money. this administration's monetary policy.

What's the difference between monetary and nonmonetary?

The cash value of monetary assets remains constant and fixed and is not affected by market forces. In contrast, the cash value of non-monetary assets is not fixed, and it changes in response to changes in market factors, such as government regulations, technological factors, and forces of demand and supply.

What are the 4 monetary transactions?

In business, there are four main types of financial transactions, and they include sales, purchases, receipts, and payments. All financial transactions that occur have an effect on at least two accounts, depending on the type of transaction.

What does no monetary mean?

Meaning of non-monetary in English

not relating to money or consisting of money: Aside from the good pay, the job brings with it a lot of non-monetary benefits.

Can you put monetary value on a life?

Despite its ethical implications, assigning a monetary value to life is a practical necessity in decision-making. Governments, insurance companies, and businesses routinely use cost-benefit analyses to allocate limited resources.

What do you call a person who spends money freely?

A spendthrift (also profligate or prodigal) is someone who is extravagant and recklessly wasteful with money, often to a point where the spending climbs well beyond their means.

What is the 70% money rule?

The 70% money rule, often part of the 70/20/10 budget rule, is a simple budgeting guideline that suggests allocating your after-tax income into three main categories: 70% for essential living expenses (needs like rent, groceries, bills), 20% for savings and investments, and 10% for debt repayment or financial goals (wants/future goals). It provides a clear framework for controlling spending, building wealth, and managing debt, though percentages can be adjusted for individual financial situations. 

What are the 4 types of money?

Different 4 types of money

Fiat money – the notes and coins backed by a government. Commodity money – a good that has an agreed value. Fiduciary money – money that takes its value from a trust or promise of payment. Commercial bank money – credit and loans used in the banking system.

What are examples of monetary?

Examples of Monetary Assets

• Cash.
• Bank deposits.
• Trade receivables.
• Other receivables meant for settlement through cash.
• Investments in debt capital market instruments.
• Lease investments.

What does monetary mean in a civil case?

A monetary or "debt" judgment occurs when a party loses a civil case either by default (not showing up) or by trial and is ordered to pay money to the winning side.

What are the common mistakes in simple sentences?

Common sentence errors

• Fragments.
• Comma splice.
• Run-on or fused sentences.
• Subject-verb agreement. Singular verbs. Plural verbs. Subject-verb agreement errors.
• Pronoun reference agreement.
• Shifts.
• Misplaced parts/modifier reference.
• Dangling modifiers.

Is 30 words a sentence?

The average length of a sentence is between about 10 to 20 words. Sentences of about 30 to 40 words are generally considered too long.