Outrageously Funny Word Dictionary :: Nonmonetary

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What is the definition of nonmonetary? 🙋

👉 Nonmonetary is a concept in the field of economics and finance that refers to assets, investments, and other tangible or intangible items that do not involve any monetary value. Examples of nonmonetary assets include real estate, stocks, bonds, cash, and vehicles. Nonmonetary assets are often considered more liquid and less volatile than monetary assets like money or gold, as they tend to be easy to sell or trade with. Nonmonetary assets also have lower risk and can provide greater liquidity


nonmonetary

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