BV photometry of V532 Mon

The light curves are analyzed with spot models using the Wilson-Devinney code. V532 Mon is found to be an A-subtype intermediate-contact binary with a degree of contact factor of f=47.1%(+/-2.7%), a mass ratio of q=0.2502(+/-0.0019), and a cool spot on the primary component.

The period changes of the system are investigated by combining newly determined times of light minimum with others published in the literature. We found that the general trend of the observed-calculated (O-C) curve shows a downward parabolic variation that corresponds to a long-term decrease in the orbital period at a rate of dP/dt=-1.716(+/-0.002)*10^-7^dyr^-1^. The long-term decrease of the orbital period can be explained by mass transfer from the more-massive component to the less massive one.