adjective · academic
monetary
UK/ˈmɒnɪtəri/US/ˈmʌnətɛri/MON·e·ta·ry
Band 7+speakingtask2
relating to money or the management of the money supply (e.g. monetary policy)
Examples
“Central banks use monetary policy to control inflation.”
“Monetary compensation was offered to the victims.”
“The report focused on monetary and fiscal measures to stabilise the economy.”
Band 8 sentence
“Coordinating monetary and fiscal policy is crucial for managing inflation without stifling growth.”
Collocations
- monetary policy
- monetary compensation
- monetary value
Word family
monetary (adjective) adjectivemonetarily adverb
Common mistakes
financial→monetary
Say it for a higher band
5money→6financial→7+monetary
Synonyms
financial
Easily confused
financial
“The company's financial statements showed a steady increase in revenue.”
Related words
Learn this word with the rest of its set, and get reminded at the right time.
In Shopping & Money
Learn it with its set