gold standard

gold standard
A monetary system in which the basic unit of currency is redeemable in a specified quantity of gold, the United States having withdrawn from such standard in 1933 by legislation calling in all gold coin from circulation. 36 Am J1st Money § 16.

Ballentine's law dictionary. . 1998.

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  • gold standard — gold .standard n the gold standard technical the use of the value of gold as a fixed standard on which to base the value of money …   Dictionary of contemporary English

  • gold standard — ☆ gold standard n. 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 …   English World dictionary

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  • Gold standard — For other uses, see Gold standard (disambiguation). Under a gold standard, paper notes are convertible into pre set, fixed quantities of gold. The gold standard is a monetary system in which the standard economic unit of account is a fixed mass… …   Wikipedia

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  • Gold Standard —    A standard defining a national currency in terms of a fixed weight of gold, and allowing a free exchange and trade of gold. Until the nineteenth century, most of the countries maintained a bimetallic monetary system, in which national monetary …   Encyclopedia of the Age of Imperialism, 1800–1914

  • Gold Standard — A monetary system in which a country s government allows its currency unit to be freely converted into fixed amounts of gold and vice versa. The exchange rate under the gold standard monetary system is determined by the economic difference for an …   Investment dictionary

  • Gold standard — An international monetary system in which currencies are defined in terms of their gold content and payment imbalances between countries are settled in gold. It was in effect from about 1870 1914. The New York Times Financial Glossary * * * gold… …   Financial and business terms

  • gold standard — An international monetary system in which currencies are defined in terms of their gold content, and payment imbalances between countries are settled in gold. It was in effect from about 1870 to 1914. Bloomberg Financial Dictionary * * * gold… …   Financial and business terms

  • Gold Standard — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. Gold Standard peut faire référence à: Gold Standard, un test en médecine ou en statistiques Gold standard, Étalon or Catégorie : Homonymie …   Wikipédia en Français

  • gold standard — n. 1) to adopt the gold standard 2) to go off the gold standard * * * to adopt the gold standard to go off the …   Combinatory dictionary

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