Monetary Transaction
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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.
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.