monetary system

monetary system monetary system system

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monetary system UK US noun [C]
ECONOMICS the system of money used by a country or countries: European/global/international, etc. monetary system »

If we had no debts in our global monetary system, no money could exist.


Financial and business terms. 2012.

Look at other dictionaries:

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  • international monetary system — UK US noun [S] ► ECONOMICS, FINANCE, GOVERNMENT the system of rules that controls the exchange of currencies among countries, and that is designed to allow international trade and investment to work effectively: »A stable international monetary… …   Financial and business terms

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