standard dollar
noun
the basic monetary unit of the U.S., since January 31, 1934, containing 15.2 grains of gold, 0.900 fine: previously contained 25.8 grains of gold, 0.900 fine.
Origin of standard dollar
1An Americanism dating back to 1875–80
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use standard dollar in a sentence
In 1785 the American standard was fixed at 375.64 grains of pure silver which became the unit of account, the standard dollar.
The Bay State Monthly, Volume 3, No. 6 | Various
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