What is the meaning of fractional monetary unit?

noun

  • A monetary unit that is valued at a fraction (usually one hundredth) of the basic monetary unit.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). fractional monetary unit. Retrieved September 20, 2026, from http://smartdefine.org/fractional_monetary_unit/definitions/1243978
ChicagoWordNet. 2010. "fractional monetary unit" http://smartdefine.org/fractional_monetary_unit/definitions/1243978 (accessed September 20, 2026).
HarvardWordNet 2010, fractional monetary unit, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/fractional_monetary_unit/definitions/1243978>.
MLAWordNet. "fractional monetary unit" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/fractional_monetary_unit/definitions/1243978>