Monetary Transaction

A Monetary Transaction is a financial transaction that involves currency units.

• Context:
  • It can range from being an Organizational Monetary Transaction to being a Personal Monetary Transaction.
• Example(s):
  • a Cash Payment.
  • a Cash Transfer.
  • a Loan.
  • …
• Counter-Example(s):
  • a Barter Transaction, such as a patent swap.
  • a Patent Swap.
• See: Financial Transaction, bitcoin Transaction.

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References

2013

• http://stats.oecd.org/glossary/detail.asp?ID=1679
  • QUOTE: A monetary transaction is one in which one institutional unit makes a payment (receives a payment) or incurs a liability (receives an asset) stated in units of currency.

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