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gold-exchange standard

[gohld-iks-cheynj] /ˈgoʊld ɪksˌtʃeɪndʒ/
noun
1.
a monetary system in one country in which currency is maintained at a par with that of another country that is on the gold standard.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for gold ex change standards

gold-exchange standard

noun
1.
a monetary system by which one country's currency, which is not itself based on the gold standard, is kept at a par with another currency that is based on the gold standard
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Encyclopedia Article for gold ex change standards

gold-exchange standard

monetary system under which a nation's currency may be converted into bills of exchange drawn on a country whose currency is convertible into gold at a stable rate of exchange. A nation on the gold-exchange standard is thus able to keep its currency at parity with gold without having to maintain as large a gold reserve as is required under the gold standard.

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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8
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