Monetary Definition
mŏnĭ-tĕrē, mŭn-
adjective
Of or relating to money.
American Heritage
Of or having to do with the coinage or currency of a country.
Webster's New World
Of or having to do with the supply of money in an economy; specif., designating or of policy that regulates the money supply, as through the periodic adjustment of certain interest rates by a central bank.
Webster's New World
The definition of monetary is something related to money or currency.
The system wherein people pay with dollar bills and other paper money is an example of the monetary system.
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