Monetary Law
/ˈmʌnɪtəri lɔː/
Definitions
- (n.) The body of law regulating the creation, management, and use of money and currency within a jurisdiction.
The national monetary law governs the issuance of the country's currency to ensure economic stability.
- (n.) Legal rules and principles addressing the control of monetary policy, including central banking and financial regulation.
Monetary law empowers the central bank to adjust interest rates to control inflation.
Forms
- monetary law
Related terms
See also
Commentary
Monetary law often overlaps with financial regulation but specifically focuses on the legal aspects of money issuance and control. When drafting, distinguish clearly between monetary law and related fields such as banking law to avoid ambiguity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.