gold basis
Americannoun
noun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The gist of Mr. Hoover's remarks: he favored going back on a gold basis, paying 59� in gold to any holder of a devalued dollar.
From Time Magazine Archive
Lord Willingdon, Viceroy of India, signed a decree in Simla taking the rupee off a gold basis with the pound.
From Time Magazine Archive
Britain's gold standard tinkerers soon recalled that King Croesus of ancient Lydia was reputedly the first monarch to put the coin of his realm on a gold basis.
From Time Magazine Archive
Many a Wall Streeter with little to do except swap stories was rumoring that Lloyd's of London has wagered one to three that within six months the U. S. would abandon the gold basis.
From Time Magazine Archive
On a strictly gold basis we must allow her at least $10 per capita, which would make for the empire $1,200,000,000.
From If Not Silver, What? by Bookwalter, John W.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
