Dutch monetary unit
- noun
- The guilder was the primary Dutch monetary unit before the introduction of the euro.
Examples
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When the Netherlands switched to the euro, the old Dutch monetary unit ceased to be legal tender.
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The Dutch monetary unit was replaced by the euro in 2002.
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Historians often refer to the Dutch monetary unit when discussing trade in the seventeenth century.
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Many people still remember the Dutch monetary unit fondly.
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The guilder was the primary Dutch monetary unit before the introduction of the euro.
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When the Netherlands switched to the euro, the old Dutch monetary unit ceased to be legal tender.
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In 2002, the euro replaced the Dutch monetary unit used for centuries.
Synonyms
A kind of money used in the past in the Netherlands and Suriname
Former Dutch money worth 100 cents, replaced by the euro in 2002
Former main money unit in the Netherlands equal to 100 cents, replaced by the euro in 2002
Former money used in the Netherlands worth 100 cents, replaced by the euro in 2002
Surface Forms
Morphology
The phrase is fully compositional: 'Dutch' specifies national origin and 'monetary unit' literally means a unit of currency, so together they denote the currency of the Netherlands. This follows regular modifier+noun patterns found across languages, so a B1 learner who knows the constituent words would readily infer the intended meaning.
Etymology
Dutch monetary unit comes from an old Dutch coin called the gulden, which means 'golden' because it was once a gold coin. That is why the phrase refers to the Netherlands' former 'money', especially the guilder used before the euro.