Legal Definitions - monetary

Definition: Monetary is an adjective that describes something related to money or finances.

Examples:

• A car's monetary value is determined by its age, condition, and market demand.
• The company provides monetary services such as banking, loans, and investments.
• The plaintiff was awarded monetary damages for the harm caused by the defendant's actions.

The examples illustrate how the term "monetary" is used to describe things that involve money or finances. The first example shows how the value of a car is determined by monetary factors. The second example shows how a company provides monetary services to its customers. The third example shows how a court can award monetary damages to compensate for financial losses or harm caused by someone else's actions.