monetary union
mo
ˈmʌ
ma
neta
nɪt
nit
ry
ri
ri
un
ju:n
yoon
ion
jən
yēn

Definition & Meaning of "monetary union"in English

Monetary union
01

an agreement between two or more countries to share a single currency and coordinate their economic policies 

Grammatical Information
Animacy status
Abstract
Composition
Compound
Countable
singular
not gender specific
Plural form
monetary unions
Examples
The eurozone is an example of a successful monetary union. 
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