Monetary

Monetary

Adjective · /ˈmʌn.ɪ.tər.i/

Definition

Relating to money or currency; of or pertaining to the monetary system, money supply, or financial matters; monetary policy — the policy of a central bank regarding the money supply and interest rates.

Origin

From Late Latin monetarius (of a mint, of money), from moneta (mint, coin, money), from Moneta, an epithet of the goddess Juno in whose temple at Rome the mint was located. The English word money also derives from this Latin moneta. The word monetary thus means relating to money in a fairly direct etymological path. The monetary system, monetary policy, and monetary union being key terms in economics and finance.