The term "monetary donation" refers to a financial contribution made by an individual or organization towards a cause, charity, or non-profit institution. It is typically given in the form of cash, check, credit card payment, or online transfer and can be used for various purposes such as funding programs, purchasing supplies, covering operational costs, or supporting specific projects. Monetary donations are a crucial source of income for many non-profit organizations and charities that rely on public support to carry out their missions and achieve their goals.