Best practices are used to maintain quality as an alternative to mandatory legislated standards and can be based on self-assessment or benchmarking. Best practice is a feature of accredited management standards such as ISO 9000 and ISO 14001.
Definition of monetary for English Language Learners. : 1  of or relating to money. : 2  of or relating to the money in a country's economy.
The standard amount of money to give as a generous gift for a baby's christening is $50 USD, as of 2014. Monetary gifts in the form of a savings bond or investment certificate are just as appropriate as cash for modern baptisms. Smaller and non-monetary gifts are also acceptable. Continue Reading.