monetary resource

Friendly

Monetary Resource

Definition: A "monetary resource" refers to assets or funds that are available in the form of money. This can include cash, bank deposits, and other forms of money that can be used for spending or investment.

Usage Instructions:

• The term is often used in finance, economics, and business contexts.
• It can refer to both personal and organizational funds.

Example:

• "To start her own business, Maria needed to gather enough monetary resources."

Advanced Usage:

• In discussions about economics, you might hear the term "monetary resources" used to assess a country's financial health or the financial stability of an organization.
• "The government allocated substantial monetary resources to improve public education."

Word Variants:

• Monetary (adjective): Relating to money.
  • Example: "The monetary policy of a country affects its economy."
• Resource (noun): A supply or source of help.
  • Example: "Natural resources like oil can be very valuable."

Different Meanings:

• "Monetary" specifically refers to anything related to money.
• "Resource" can mean anything that can be used to help achieve a goal, not just money (like time or materials).

Synonyms:

• Financial resource
• Funds
• Capital
• Assets

Idioms:

• "Cash is king" - This means that having money is very important, especially in business.
• "Penny for your thoughts" - Asking someone what they are thinking, often implying that their thoughts are valuable.

Phrasal Verbs:

• Cash out: To convert assets into cash.
  • Example: "After selling his business, he decided to cash out his monetary resources."

Summary:

In summary, "monetary resource" is an important term that describes money available for use.

Academic

Noun

1. assets in the form of money

Synonyms

• funds
• finances
• cash in hand
• pecuniary resource