monetary system


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Related to monetary system: international monetary system
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.monetary system - anything that is generally accepted as a standard of value and a measure of wealth in a particular country or regionmonetary system - anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
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
References in classic literature ?
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.
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.
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.
No, no; change the monetary system if you will, but do not meddle with men, with little men; they cry out too much, whereas gold is dumb.
Drawn from a symposium of the same name held in January 2015 at the International Monetary Fund headquarters in Washington DC, the 17 papers in this volume consider the history, functioning, and challenges of the international monetary system and its origins and evolution, performance, and the need for reform, as well as the prospects for international policy cooperation.
Debesh Bhowmik, the important issue of the international monetary system is approached from a broad perspective in its economic, historical, technological, regional and even political aspect in relation to relevant topics such as economic crisis, development, international trade and theoretical discussions about the orthodox and heterodox approach.
But since 1971, the entire US monetary system has been based only on trust.
As the Euro debt crisis spreads with wide ranging implications across the globe, a new report by the World Economic Forum, developed in collaboration with Deloitte posits three scenarios for the international monetary system in 2030 based on possible policy choices made by the world's three major currency areas, the Euro, US dollar, and Renminbi (Yuan).
A high-level seminar to discuss possible reforms in the international monetary system to make it more capable of promoting greater global monetary and financial stability will be held Wednesday during the annual governors' meeting of the Asian Development Bank (ADB) in Hanoi, Vietnam.
Marck Carney, governor of Bank of Canada, has joined calls for reforms of the international monetary system.
In the context of the G8 summit in L'Aquila, Italy, French President Nicolas Sarkozy called for diversification of the international monetary system because "a multipolar world has to correspond to a multimonetary world".
The BIS also served as a platform where central banks could implement and defend the Bretton Woods international monetary system which was based on freely convertible currencies at fixed but adjustable exchange rates.