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gold standard

noun

  1. a monetary system with gold of specified weight and fineness as the unit of value.


gold standard

noun

  1. a monetary system in which the unit of currency is defined with reference to gold
  2. the supreme example of something against which others are judged or measured

    the current gold standard for breast cancer detection



gold standard

  1. A system in which a nation's currency has a value measured in gold and can be exchanged for gold. Most nations, including the United States, went off the gold standard in the 1930s.


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Word History and Origins

Origin of gold standard1

An Americanism dating back to 1825–35

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Example Sentences

The “gold standard” dose is 30 minutes of 10,000 lux light, one hour of 5,000 lux light or two hours of 2,500 lux light.

And Georgian wines have become the indisputable gold standard of the region.

Gold is an option for the last generation for whom the term “Gold Standard” was literal.

Baker is the gold standard for the job, ambitious, charming and indisputably effective at managing the levers of power.

That period included the tumult of the U.S. leaving the gold standard, the oil shock, and the rise of inflation.

As regards Great Britain, the gold standard is yet preserved for all practical purposes.

But in one respect the currency notes helped to maintain the country's gold standard.

Free silver orators were telling the farmers that under a gold standard no factory could run.

The fall in the first part of this period was accentuated by the return from a paper to a gold standard.

The method of rectifying the gold standard consists in suitably varying the weight of the gold dollar.

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