Meaning of the word monetary in English

What does monetary mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

monetary

US /ˈmɑː.nə.ter.i/
UK /ˈmʌn.ɪ.tri/
"monetary" picture

Adjective

relating to money or currency

Example:
The central bank controls the nation's monetary policy.
They received a substantial monetary reward for their efforts.