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monetary system

monetary system

14 3.7
The way a country supplies and manages money and how people measure its value
  • noun
  • /ˈmʌnɪˌtɛri ˈsɪstəm/
  • Specialized
translation icon : sistema monetario
  • The government is responsible for creating and maintaining a stable monetary system to support economic growth.
  • international monetary system
  • stable monetary system
  • global monetary system

I like the idea of an alternative monetary system that can't be manipulated by the central banks.

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Examples

  • Efforts to promote a stable international monetary system should take into account the lessons of history.

    Academic text (1990)
  • The international monetary system rests on just two currencies: the dollar and the euro.

    Academic text (2012)
  • It's the basis of the entire monetary system.

  • ...the entire international monetary system.

  • No, in terms of historic monetary systems, it's actually pretty good.

  • But it does not describe how the monetary system works at a federal level.

    Blog text (2)
  • As with trade, the two partners bear enormous responsibility for the global monetary system.

    Academic text (1999)
  • Today's international monetary system has produced similar conditions and concerns.

    Academic text (2012)
  • The international monetary system was destabilized and ultimately destroyed by these erratic shifts.

    Academic text (2009)
  • Three presidents, Abraham Lincoln, James Garfield, and William McKinley instituted major upheavals in the U.S. monetary system.

Synonyms

currency
vsmonetary system
433 1.2

The money used in a country, like coins and paper notes

is the broader system that supplies manages and sets money value

How Complex

central bank
100 3.1
monetary system
  • Specialized
14 3.7
barter
20 3.5

Surface Forms

Morphology

monetary + system

The meaning is directly compositional: 'monetary' = relating to money and 'system' = an organized set of elements, so a B1 learner who knows both constituents will infer it refers to the organized arrangements for managing money. This adjective+noun formation is common across languages and follows standard compositional patterns, making the phrase immediately comprehensible.

Etymology

Monetary system links money and system. The word money may come from 'Moneta', the name of a place where Romans made coins, and system means an organized set of rules. So monetary system means the rules and tools a country uses to make, control, and measure its money.