English Reference
Adjective

monetary

adj.
B2 Upper Intermediate US /ˈmɑnəˌtɛɹi/ UK /mˈʌnɪtəɹi/ mon·e·tary

adj.relating to money or the way a country manages its money system.

adj.relating to money or the mechanisms by which a government provides and manages a currency. Typically used in formal economic or legal contexts.


SIMPLE

The government is changing its monetary policy to help the economy.

CONTEXTUAL

The central bank raised interest rates as part of its latest monetary strategy to control rising inflation.

COMPLEX

Economists argue that maintaining monetary stability is essential for long-term growth, as it prevents the wild price fluctuations that discourage private investment.

Usage

Typically placed before the noun it modifies; frequently collocates with 'policy', 'value', or 'system'.

Pitfall
the moneyary valuethe monetary value

Learners often try to spell the adjective by adding a suffix to 'money' rather than using the correct root 'monet-'.


From Middle French monétaire, from Late Latin monētārius (“pertaining to money”), from Latin monētārius (“of a mint”), from monēta (“mint, coinage”), from the presence—from 273 BC to AD 84—of the chief Roman mint at the Templum Iunonis Monetae (“Temple of Juno Moneta”), q.v. Doublet of minter.

Etymology adapted from Wiktionary, available under CC BY-SA 4.0.

This entry
Origin Latin monētārius
Level B2 · Upper Intermediate
Frequency Common
Updated