Nonmonetary

Part of speech: adjective

Definitions

1. Relating to resources, assets, or transactions that do not involve physical money or currency; describing compensation or benefits provided without cash; pertaining to value expressed through goods, services, or other non-cash means
2. Concerning financial matters that exclude the use of money; referring to exchanges or payments made through items or services rather than currency; indicating worth or income measured in forms other than money
3. Associated with economic dealings or rewards that are not monetary; denoting contributions or considerations rendered through goods or labor instead of cash; involving valuation or offerings beyond traditional money exchanges

Etymology: The word is a plain formation: the English prefix "non-" attached to "monetary," which itself comes from the Latin "moneta," the word for "mint" or "coinage." The prefix has a longer ancestry, descending from the Old English "nān," meaning "not one" or "none," which came from the same Proto-Germanic stock that gave English its "no" and "none." So the sense is literal: something nonmonetary is simply something outside the coin-and-cash system. The word is a modern compound, built from parts that were already in use, and its meaning follows directly from the two halves rather than from any shift or story.

Synonyms: nonfinancial, noncash, nonpecuniary, noncommercial, noncapital

Antonyms: monetary, financial, cash, pecuniary, capital