Gold Standard Definition

noun
A monetary standard solely in terms of gold, in which the basic currency unit is made equal to and redeemable by a specified quantity of gold.
Webster's New World
A thing that serves as a model or standard of excellence.
Webster's New World

(idiomatic) A test or measure of comparison that is considered ultimate or ideal.

The OED is the gold standard for English dictionaries. Everyone wants to see how their version measures up to that ideal.
Wiktionary

Other Word Forms of Gold Standard

Noun

Singular:
gold standard
Plural:
gold-standards

Gold Standard Sentence Examples

  • The single gold standard has been in force in Peru since 1897 and 1898, silver and copper being used for subsidiary coinage.

  • Previous to the adoption of the single gold standard in 1897 the monetary history of Peru had been unfortunate.

  • In the National Republican Convention of 1896 his influence did much to secure the adoption of the gold standard "plank" of the party's platform.

  • By a law of the 9th of December 1904, promulgated by an executive decree of the 25th of March 1905, the gold standard was adopted, and the silver peso, 9027 fine and containing 24.438 grammes of pure silver, was made the monetary unit with a valuation of .75 grammes of gold.

  • The system is based on the single gold standard.

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Words Starting With

GGOGOL

Words Ending With

DRDARD

Unscrambles

gold standard

Words Starting With G and Ending With D

Starts With G & Ends With DStarts With GO & Ends With DStarts With G & Ends With RD

Word Length

13 Letter Words13 Letter Words Starting With G13 Letter Words Ending With D