Refers to currencies that have suffered or continue to suffer from hyperinflation. Because currency denominations rapidly lose value, printed bills will become worth very little after a short time. They eventually become almost worthless, not even worth the paper they are printed on, like monopoly money.
Countries that use/have used monopoly money:
Argentina
Brazil
Turkey
Zimbabwe
Iran
Israel
Chile
(Also any country where simple items currently cost 1000's of their currency unit, as this is an indication of past hyperinflation)
by EconomicsIsABoardGame December 19, 2007
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What the Iraq War has turned the U.S. dollar into.

1 Euro is now equal to $1.60.
The U.S. Dollar becoming an example of monopoly money.
by Harry_Pothead6009 May 1, 2008
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1. Play money from the popular board game Monopoly
2. What ignorant citizens of the USA call foreign currency.
1. My three-year-old sister has drooled all over most of the monopoly money.

2. US Citizen: "Look at this Monopoly Money! Why can't you have REAL money, like Americans?"
Canadian: "This IS real money."
US Citizen: "I can't understand your stupid accent! SPEAK AMERICAN!"
by Hidinginthelibrary December 10, 2007
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yes, it is what these guy say, but it is also used in the game monopoly. it looks fake in most cases and feels fake, but there have been cases when it was used to pay a dumb slut or a stoned deliver boy.
use your monopoly money to pay for this pizza, the delivery boy looks high enought to accept it.
by teh castle July 29, 2006
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Money that was not paid for, that does not exist in a real form, is of no true worth, is related to the board game Monopoly™, or an in-game video game currency used for purchasing game items that are not transferable for real money.

Most popular association is that of Monopoly Money, used in the game Monopoly™
by SibSpi September 7, 2007
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exessive money used to buy up all the good properties, commodities, and public services. everywhere we land now, we have to pay.
at least bill gates set up the gates foundation with some of his monopoloy money. apples are still better, though.

george bush used his monopoly money to buy out the us government, and he'll do it again.

mtv is just as bad as the record labels at using its monopoly money to drown out all the good indie music.
by bone December 9, 2003
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Foreign currency, usually printed in bright colors with funny pictures of people that no one has ever heard of. Called Monopoly Money or Funny Money because it looks and feels like some fake cash you get with a board game.

Monopoly Money is often spent recklessly because it looks fake, therefore you're not spending "real" money.
British Pound
New Zealand Dollars
Canadian Dollar
Japanese Yen
Euro
Australlian Dollar
Switzerland Francs
South Africa Rand
Mexico Pesos
Russia Rubles
Saudi Arabia Riyals
etc
by billberto March 21, 2005
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