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monetary unit

noun

  1. the standard unit of value of the currency of a country, as the dollar in the U.S. and the franc in France.


monetary unit

noun

  1. a unit of value and money of a country, esp the major or standard unit
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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yvlog History and Origins

Origin of monetary unit1

Probably earlier than 1860–65
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Example Sentences

Examples have not been reviewed.

Bitcoins can be split into smaller units, with a satoshi being the smallest monetary unit.

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The participants were each given five monetary units in local currency, equivalent to half a day's wages.

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And on the other hand, it’s also a financial asset, so bitcoin is the name of the monetary unit that circulates within the bitcoin protocol.

From

I pictured him in his lair under a bridge, coolly playing “qapik” — an Azerbaijani monetary unit, apparently — at 4 a.m.

From

Typically, stablecoin purveyors invoke a mythical past in which the monetary unit of account was free of government manipulation and backed by tangible assets, such as gold in the 19th century.

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