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monetary system

   Also found in: Wikipedia 0.03 sec.
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Noun1.monetary systemmonetary system - anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
medium of exchange
criterion, standard, touchstone, measure - a basis for comparison; a reference point against which other things can be evaluated; "the schools comply with federal standards"; "they set the measure for all subsequent work"
legal tender, tender, stamp - something that can be used as an official medium of payment
money - the most common medium of exchange; functions as legal tender; "we tried to collect the money he owed us"
currency - the metal or paper medium of exchange that is presently used
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Their method of economic exploitation indeed impresses a trained and informed mind as the most frantic and destructive scramble it is possible to conceive; their credit and monetary system resting on an unsubstantial tradition of the worthiness of gold, seems a thing almost fantastically unstable.
The War in the Air by Wells, H.G. View in context
As to Mr Merdle, he was so much wanted by the men in the City and the rest of those places, and was such a doosed extraordinary phenomenon in Buying and Banking and that, that Mr Sparkler doubted if the monetary system of the country would be able to spare him; though that his work was occasionally one too many for him, and that he would be all the better for a temporary shy at an entirely new scene and climate, Mr Sparkler did not conceal.
Little Dorrit by Dickens, Charles View in context
Weller and his friends had scarcely had a moment to reflect upon this singular regulation as connected with the monetary system of the country, when they were rejoined by Pell and Wilkins Flasher, Esquire, who led them to a part of the counter above which was a round blackboard with a large 'W.
The Posthumous Papers Of The Pickwick Club by Dickens, Charles View in context
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