Sorry, no online dictionaries contain the exact phrase monetary action.
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Reverse dictionary results:
1. account
2. advance
3. bet
4. break
5. fines
6. incentive
7. law
8. mark
9. money
10. penalty
11. price
12. pricing
13. raise
14. reparation
15. resource
16. even
17. low
18. mill
19. penalties
20. policy
21. ban
22. fine
23. bob
24. evens
25. agio
26. allowance
27. appraise
28. appreciation
29. awards
30. bank
31. bank of england
32. banking
33. banknote
34. bankroll
35. bead
36. benefits
37. bifocal
38. bimetallic
39. bimetallism
40. cash

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You can look up the words in the phrase individually using these links:   monetary ?   action ?
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