WordNet
n. anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region [syn: medium of exchange]
Wikipedia
A monetary system is the set of institutions by which a government provides money in a country's economy. Modern monetary systems usually consist of mints, central banks and commercial banks.
Usage examples of "monetary system".
A second and closely related belief of the inner club is that politicians should not be trusted to decide the fate of the international monetary system.
Since the solan was only a name, a bit of ncepaper, and a number in a ledger, it had to be defined in terms of its purchasing power To some extent once the monetary system was in place and functioning, its value de fined itself simply by the practice of money users But most of the years between the Landsraad vote ol 485 and the initial distnbu tion of solans in 491 were devoted to mtn cate negotiations to fix the starting point for the system The Guild subtly and effectively resisted any tendency of the emperor or the Landsraad to single out the price of spice as a fundamental determinant Instead the Guild negotiators proposed a complex formula of commodity equivalents The commodity mar .
He claims that he has cured the glitch in the country's computer network and that he is personally restructuring the entire monetary system.
Since the institution of the new non-monetary system of exchange the entire country is literally in a state of civil war.
Brooks, who understands the monetary system better than anyone alive, loses money, always.
The British never tired of reforming their monetary system though, and in 1817 they introduced a new, improved coin, fixed at the easy-to-use value of 20 shillings -- the pound.
There is a big argument going on at the UN about streamlining the world's monetary system?
This process wasn't some vague idea, it was inevitable as the next sunrise because wise men not just in England but in the guilded nations across Europe and beyond had proved the disastrous unworkability of the present monetary system.
Is there any way to distinguish this horrid dwarf gold from normal gold, once it has been turned into coinage and has entered the global monetary system?