monetary system

Noun
  1. Anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region (synset 113394134)
    is a type of: criterion, measure, standard, touchstone - a basis for comparison; a reference point against which other things can be evaluated
    subtypes:
    • legal tender, stamp, tender - something that can be used as an official medium of payment
    • money - the most common medium of exchange; functions as legal tender
    • currency - the metal or paper medium of exchange that is presently used
    same as: medium of exchange

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