Legal Definitions - jus cudendae monetae

JUS CUDENDAE MONETAE

jus cudendae monetae is a Latin term that refers to the right of a government or authority to produce and distribute currency.

• The United States government has the jus cudendae monetae to produce and distribute US dollars.
• The European Union has the jus cudendae monetae to produce and distribute euros.

These examples illustrate how governments and authorities have the right to create and distribute their own currency. This right is important for maintaining control over the economy and ensuring that the currency remains stable and reliable.