[mon-i-tuh-riz-uh m, muhn-] /ˈmɒn ɪ təˌrɪz əm, ˈmʌn-/
a doctrine holding that changes in the money supply determine the direction of a nation’s economy.
the theory that inflation is caused by an excess quantity of money in an economy
an economic policy based on this theory and on a belief in the efficiency of free market forces, that gives priority to achieving price stability by monetary control, balanced budgets, etc, and maintains that unemployment results from excessive real wage rates and cannot be controlled by Keynesian demand management
1914, from monetary + -ist. Related Monetarism (1963).
The economic doctrine that the supply of money has a major impact on a nation’s economic growth. For example, monetarists prefer to control inflation by restricting the growth of a nation’s money supply rather than by raising taxes. The doctrine is associated with Milton Friedman.
[mon-i-ter-ee, muhn-] /ˈmɒn ɪˌtɛr i, ˈmʌn-/ adjective 1. of or relating to the coinage or currency of a country. 2. of or relating to ; pecuniary: The necklace has sentimental as opposed to monetary value. /ˈmʌnɪtərɪ; -trɪ/ adjective 1. of or relating to money or currency 2. of or relating to monetarism: a monetary policy […]
noun 1. a measure of the money in circulation. 1. . 2. Music. . 3. . 4. . 5. . 6. . 7. . 8. . 9. modal auxiliary. 10. . 11. Economics. monetary aggregate: issued periodically by the Federal Reserve Board as various measures of money supply ((M-1, M-1A, M-2) etc.). Compare . 12. […]
noun 1. the standard unit of value of the currency of a country, as the dollar in the U.S. and the franc in France. noun 1. a unit of value and money of a country, esp the major or standard unit
[mon-i-tahyz, muhn-] /ˈmɒn ɪˌtaɪz, ˈmʌn-/ verb (used with object), monetized, monetizing. 1. to legalize as money. 2. to coin into money: to monetize gold. 3. to give the character of money to. 4. Economics. to convert (a debt, especially the national debt) into currency, especially by issuing government securities or notes. /ˈmʌnɪˌtaɪz/ verb (transitive) 1. […]