Words / B2

MUN-itr-ee/ˈmʌnɪtri/

Monetary means relating to money, especially a currency system: a monetary fine; monetary policy. Financial is wider (already elsewhere); fiscal often means government tax and spend. A fine is not a community order. Mix-up: monastic is of monks; momentary is brief. Do not write monetary for “a moment”.

Meaning

Relating to money, especially a country’s currency system.

Examples

• “A monetary fine is not the same as a community order.”
• “Monetary policy featured in the economics paper, which is the interest-rate sense.”

Good to know

monetary policy / value / fine. Wider: financial. Tax/spend twin: fiscal. Trap: momentary / monastic. Economics, law, and news. Money systems, not “brief”.

New