Monetary

From ACT Wiki
Revision as of 11:07, 25 August 2019 by imported>Doug Williamson (Expand second definition.)
Jump to navigationJump to search

1.

Relating to money, particularly the supply of, and confidence in, the official central currency.

Government monetary policies are often contrasted with, or combined with, fiscal policies.


2.

Financial reporting.

In financial reporting, monetary items are amounts held - or to be received or paid - in a fixed or readily determinable amount of money.

Contrasted with 'non-monetary' items such as property, plant and equipment.


See also