gold standard
Definition from Wiktionary, the free dictionary
See also: Goldstandard
English[edit]
Noun[edit]
gold standard (plural gold standards)
- (economics) A monetary system where the value of circulating money is linked to the value of gold.
- 2002, Philip Ball, The Elements: A Very Short Introduction, Oxford 2004, p. 57
- In countries that accepted the gold standard, currency could be exchanged at a bank for a fixed weight of gold.
- 2002, Philip Ball, The Elements: A Very Short Introduction, Oxford 2004, p. 57
- (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.
Translations[edit]
monetary system
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