Monetary system,
Definition of Monetary system:
Set of mechanisms by which a government provides money (cash) in a countrys economy. It usually consists of a mint, central bank, and commercial banks.
How to use Monetary system in a sentence?
- The monetary system that was in place was very good and I definitely had a lot of faith that it would work good.
- When you are doing business with someone from another country it may be beneficial to use their monetary system as payment.
- You should always know what monetary system will give you the best exchange rate when you are dealing with someone from another country.
Meaning of Monetary system & Monetary system Definition
