Definitions
There is 1 meaning of the phrase
Fractional Monetary Unit.
Fractional Monetary Unit - as a noun
A monetary unit that is valued at a fraction (usually one hundredth) of the basic monetary unit
Synonyms (Exact Relations)
subunit9Hypernyms (Closely Related)
monetary unitHyponyms (Broadly Related)
Example Sentences
"The Japanese yen is divided into 100 sen, which is its fractional monetary unit."
"In Indonesia, the rupiah is the currency and its fractional monetary unit is called the sen."
"The peso is the currency of Argentina and it is divided into 100 centavos, which serves as its fractional monetary unit."
"The Moroccan dirham is divided into 100 centimes, which is its fractional monetary unit."
"The Ghanaian cedi is divided into 100 pesewas, which serves as its fractional monetary unit."
