ENGLISH
REFERENCE

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.

Synonyms
Origin

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.

Usage

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

Pitfall

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

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