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.
Anxiously Madrid foresaw that Portugal, by letting her escudo slide with sterling, will be able to offer drink, etc. to thirsty Britons cheaper than Spain, whose peseta is semi-stabilized on a gold basis.
From Time Magazine Archive
In countries whose currencies are not on a gold basis, and not at par with dollars, a premium is consequently placed upon gold production.
From Time Magazine Archive
Moreover, the Union's House of Assembly passed 78 to 53 last week the Emergency Finance Bill brought in by Finance Minister Nicolaas Christiaan Havenga expressly to keep South Africa's currency on a 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
The fiscal system has been put on a gold basis, thus removing the old fluctuating silver currency which was a great hardship to trade.
From The Critic in the Orient by Fitch, George Hamlin
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.
