Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

International Monetary Fund

A U.N. agency established to stabilize international exchange rates and promote balanced trade. - Abbr. IMF.

monetary

adj. 1. Of or relating to money < monetary value > < monetary damages>. 2. Financial <monetary services> <monetary investments>.

monetary bequest

See pecuniary bequest under BEQUEST.

nonmonetary item

An asset or liability whose price fluctuates over time (such as land, equipment, inventory, and warranty obligations).