For ease of computation, this same sign method actually estimates the set of x values, [xL, xU], corresponding to the linear range. This set of x values will be called the linear domain.
monetary system noun [C]. âº the âsystem used by a âcountry to âprovide âmoney and to âcontrol the âexchange of âmoney. (Definition of monetary system from the Cambridge Advanced Learners Dictionary & Thesaurus Â© Cambridge University Press).
Definition. The regulation of the money supply and interest rates by a central bank, such as the Federal Reserve Board in the U.S., in order to control inflation and stabilize currency.Monetary policy is one the two ways the government can impact the economy.he regulation of the money supply and interest rates by a central bank, such as the Federal Reserve Board in the U.S., in order to control inflation and stabilize currency.