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gold basis

American  

noun

  1. a gold standard as a basis for prices.


gold basis British  

noun

  1. the gold standard as a criterion for the determination of prices

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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Oilman Sokolnikov, as Soviet Commissar for Finance, was famed as the financier who put Russian currency on a gold basis.

From Time Magazine Archive

But for the Dawes Committee the post-War mark could never have been stabilized 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

In Colombia, harassed President Olaya Herrera decided that his country's burdens are too great to bear on a gold basis.

From Time Magazine Archive

And all this time the soldiers and Government employés were being paid on a gold basis.

From Four Years in Rebel Capitals An Inside View of Life in the Southern Confederacy from Birth to Death by DeLeon, T. C.

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