monetary instrument

noun — 2 senses

monetary instrument

noun
1

A coin or other item of currency.

2

US A coin or currency item of a foreign country, such as travelers' checks, bearer negotiable instruments, bearer investment securities, bearer securities, stock on which title is passed on delivery, and similar material or checks, drafts, notes, money orders, and other similar instruments which are drawn on or by a foreign financial institution and are not in bearer form.

  • (defined in 31 USC § 5312(a)(3)(C))
Related terms
money

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.