silver standard

noun

1. a monetary standard or system using silver of specified weight and fineness to define the basic unit of currency.

silver standard

noun

1. a monetary system in which the legal unit of currency is defined with reference to silver of a specified fineness and weight and sometimes (esp formerly) freely redeemable for it

Word History and Origins

Origin of silver standard¹

An Americanism dating back to 1825–35

Example Sentences

Is it advisable longer to attempt to maintain both a gold and silver standard of coinage?

From Project Gutenberg

That is, beginning with the gold standard, and ignoring the silver standard, Mr. Lepper reaches bimetallism!

From Project Gutenberg

Three systems are therefore in use,—the gold standard, the silver standard, and the inconvertible paper.

From Project Gutenberg

It would probably not make so very much difference whether bi-metallism or the single silver standard was the final result.

From Project Gutenberg

What then shall we say of the man that follows China, that follows India in the silver standard?

From Project Gutenberg