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. : of or relating to money or to the mechanisms by which it is supplied to and circulates in the economy a crime committed for monetary gain a government's monetary policy.
You belong to a charitable organisation and donate money towards a project the group is working on. If your donation doesn't entitle you to receive anything in return, it's an unconditional gift. Donations that are unconditional gifts can include: 1  door-to-door appeals and street collections. 2  bequests. 3  voluntary school fees (but not school activity fees).