Used Occasionally. sublimation is one of the 30000 most commonly used words in the Collins dictionary
monetary unit. one of the units of CURRENCY used in a country as the basis of payments and lending and borrowing transactions. The units of currency used in the UK, for example, are pounds and pence, while in the USA they are the dollar and cent.
Popular Terms. A generally accepted accounting principle under which a company reports their financial position to shareholders and the Securities and Exchange Commission. In the monetary unit principle, accounting is done on transactions expressed as units of currency, such as the U.S. Dollar, the UK Pound Sterling, the Japanese Yen, etc.