[Haskell-cafe] Monad Description For Imperative Programmer

This is about to put a definition/description to test. So please cooperate! ;) Is this a useful – sufficient, not complete – definition/description for a monad; for an imperative mind: (?) "A monad is like a loop that can run a new function against it's variable in each iteration." (I insist on the simplicity! And I will resist any expansion of this sentence (except for an exceptional note that I think of it hardly). I think there is not any complete definitions in computer world. At least there are many things to know when you want to use them in practice. So please have this in mind and review me!) Cheers :)