Bland-Allison Act

[ bland-al-uh-suhn ]

nounU.S. History.
  1. an act of Congress (1878) requiring the federal government to purchase at the market price from two to four million dollars' worth of silver monthly for conversion into silver dollars containing 16 times more silver per coin than gold in dollar coins of gold.

Words Nearby Bland-Allison Act Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024