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English definition of “monetary”

monetary

adjective
 
 
/ˈmʌnɪtəri/ US   /ˈmɑnɪteri/
MONEY relating to or consisting of money: The monetary unit of the UK is the pound.monetary damages/fine/compensation The lawsuit seeks monetary damages for alleged negligence. This was not done purely for monetary gain.
ECONOMICS relating to a country's control of the money supply: monetary easing/expansion More monetary easing to lower interest rates may be necessary.monetary discipline/tightening/control The world economy is facing another six months of monetary tightening. The survey was conducted by central banks and monetary authorities in 26 countries.
(Definition of monetary from the Cambridge Business English Dictionary © Cambridge University Press)
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