monetary system

Noun

A set of institutions, policies, and practices that govern the creation, distribution, and management of a country's money.

ریشه

Combination of the words 'monetary' and 'system'.

مثال

• The monetary system underwent significant changes after the financial crisis.
• Countries may have different types of monetary systems, such as a central bank or a currency board.
• The stability of the monetary system is crucial for economic growth.