Definition, Meaning & Synonyms

nonmonetary

Adjective

/nɒnˈmɒnɪˌtɛri/

Definition

Not related to or involving money.

Examples

Volunteering offers nonmonetary rewards such as satisfaction and community connection.
Many people value nonmonetary benefits like flexible working hours and job satisfaction over higher salaries.

Meaning

Nonmonetary refers to anything that does not pertain to money or financial transactions. It includes aspects that have value but are not measured in currency.