Meaning Of The Word Gold standard
What's the definition of Gold standard? Find Gold standard meanings, definitions and more at the Real Dictionary online.
Gold standard Meaning
| Gold standard Definition |
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What's The Definition Of Gold standard?
gold standard in American English
a monetary standard solely in terms of gold, in which the basic currency unit is made equal to and redeemable by a specified quantity of gold noun: a monetary system with gold of specified weight and fineness as the unit of value gold standard in British English noun: a former monetary system in which the unit of currency was defined with reference to gold, for which the currency could be exchanged; the gold standard was adopted by many countries, including Britain, in the 19th century but most abandoned the system dur |
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