monetary unit
standard unit of nation's currency the standard unit of a country's currency, such as the dollar in the United States, the pound sterling in the United Kingdom, or the euro in many other countries of the European Union
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standard unit of nation's currency the standard unit of a country's currency, such as the dollar in the United States, the pound sterling in the United Kingdom, or the euro in many other countries of the European Union
The United Kingdom is the fifth-largest economy in the world, with a forecast GDP of US$2.8 trillion in 2008. This highly developed, diversified, market-based economy has extensive social welfare services, and is a leading trading power and financial center.
The past 12 months have seen the United States fighting against the adverse financial conditions that first hit the global economy in 2007. The period has been characterized by aggressive fiscal and monetary easing.
Definitions of ’monetary unit’ and meaning of ’monetary unit’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’monetary unit’ and other financial terms with our online QFINANCE Financial Dictionary.