bimetallism

American  

[bahy-met-l-iz-uhm] / baɪˈmɛt lˌɪz əm /

noun

1. the use of two metals, ordinarily gold and silver, at a fixed relative value, as the monetary standard.

2. the doctrine or policies supporting such a standard.

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bimetallism British  

/ baɪˈmɛtəˌlɪzəm /

noun

1. the use of two metals, esp gold and silver, in fixed relative values as the standard of value and currency

2. the economic policies or doctrine supporting a bimetallic standard

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Other Word Forms

• bimetallist
  noun
• bimetallistic
  adjective

Etymology

Origin of bimetallism

First recorded in 1875–80; bi- ¹ + metal + -ism

Example Sentences

See Examples For:

bimetallism

This action ended bimetallism and placed the United States on the gold standard.

From Encyclopedia.com ● Apr. 9, 2018

But no word did the Treasury breathe last week of symmetallism or bimetallism.

From Time Magazine Archive

Although the President expressed hope of getting international action, every statesman knew that no important nation except the U. S. is willing even to consider bimetallism.

From Time Magazine Archive

President Dr. Treub of the gold-gorged Netherlands Bank flayed bimetallism.

From Time Magazine Archive

We find first the upholders of a national double standard, as in France and the United States, and these are followed by the advocates of bimetallism set up by a combination of countries.

From Encyclopaedia Britannica, 11th Edition, Volume 3, Slice 7 "Bible" to "Bisectrix" by Various