bimetallic standard
1Bimetallic Standard — A monetary system in which a government recognizes coins composed of gold or silver as legal tender. The bimetallic standard (or bimetallism) backs a unit of currency to a fixed ratio of gold and/or silver. The bimetallic standard was first used… …
2standard — /ˈstændəd / (say standuhd) noun 1. anything taken by general consent as a basis of comparison; an approved model. 2. the authorised exemplar of a unit of weight or measure. 3. a certain commodity in which the basic monetary unit is stated,… …
3Bimetallic — Bi me*tal lic, a. [Pref. bi + metallic: cf. F. bim[ e]tallique.] 1. Of or relating to, or using, a double metallic standard (as gold and silver) for a system of coins or currency. [archaic] [1913 Webster] 2. Composed of two different metals;… …
4Bimetallic — may refer to:*Bimetallism, a monetary standard in economics *Bimetallic strip, a temperature sensitive mechanical device *Binary alloy, in metallurgy, a mixture of two metals *Bimetallic coins …
5Silver standard — The silver standard is a monetary system in which the standard economic unit of account is a fixed weight of silver. The silver standard was widespread until the 19th century, when it was replaced in most countries by the gold standard.Ancient… …
6gold standard — a monetary system with gold of specified weight and fineness as the unit of value. [1825 35, Amer.] * * * Monetary system in which the standard unit of currency is a fixed quantity of gold or is freely convertible into gold at a fixed price. The… …
7Gold 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 …
8Coins of the pound sterling — The Royal Shield reverse designs, introduced in 2008 (£2 coin is not shown) …
9bimetallism — bimetallist, n. bimetallistic, adj. /buy met l iz euhm/, n. 1. the use of two metals, ordinarily gold and silver, at a fixed relative value, as the monetary standard. 2. the doctrine or policies supporting such a standard. [1875 80; BI 1 + METAL… …
10money — moneyless, adj. /mun ee/, n., pl. moneys, monies, adj. n. 1. any circulating medium of exchange, including coins, paper money, and demand deposits. 2. See paper money. 3. gold, silver, or other metal in pieces of convenient form stamped by public …
