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macao monetary unit

 

Definitions from WordNet

Noun macao monetary unit has 1 sense
  1. Macao monetary unit - monetary unit in Macao
    --1 is a kind of
    monetary unit
    --1 has particulars: pataca; avo

Definitions from the Web

Term: Macao Monetary Unit

Description: Macao Monetary Unit refers to the official currency used in Macao. The monetary unit of Macao is the Macanese pataca, denoted by the currency code MOP. It is the legal tender of Macao and is regulated by the Monetary Authority of Macao.

Senses and Usages:

1. Sense: Currency

Part of Speech: Noun

Sample Sentence: The Macao Monetary Unit, the Macanese pataca, was introduced in 1894 and is widely used in daily transactions.

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2. Sense: Currency Exchange

Part of Speech: Noun

Sample Sentence: The bank offers a favorable rate for converting Macao Monetary Units into US dollars.

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3. Sense: Macao Currency Authority

Part of Speech: Noun

Sample Sentence: The Macao Monetary Unit is regulated by the Monetary Authority of Macao, which ensures the stability of the currency.

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4. Sense: Macao Monetary System

Part of Speech: Noun

Sample Sentence: The Macao Monetary Unit plays a vital role in the economic development of Macao, being an integral part of the Macao monetary system.

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5. Sense: Macao Currency Symbol

Part of Speech: Noun

Sample Sentence: The Macao Monetary Unit is represented by the currency symbol MOP in financial transactions.

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