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gold standard

a monetary system with gold of specified weight and fineness as the unit of value.
Origin of gold standard
1825-35, Americanism Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the Web for gold-standard
Historical Examples
  • Shrunken to the dreary platitudes of the gold-standard catechism, babbling of “sound currency” and “intrinsic value.”

    The Arena Various
  • It is time to expose the preposterous assurance of the gold-standard pundits.

    The Arena Various
  • It's a great thing to be a citizen of a gold-standard nation, ain't it?'

    Roads of Destiny O. Henry
  • Such a movement is fully in harmony with the opinions of the gold-standard advocates for the past twenty years.

    Money John P. Jones
  • Mr. Cleveland may well be deified in the gold-standard cult, for clearly he has been the arch-enemy of bimetallism.

    The Arena Various
British Dictionary definitions for gold-standard

gold standard

a monetary system in which the unit of currency is defined with reference to gold
the supreme example of something against which others are judged or measured: the current gold standard for breast cancer detection
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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gold-standard in Culture

gold standard definition

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.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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