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.
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
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Prime Minister Richard Bedford Bennett of Canada announced that no matter what Britain did, Canada would remain on a gold basis.
From Time Magazine Archive
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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
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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
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This is also indicated by the expansion of her paper money and her efforts to maintain the gold basis under that paper.
From The Audacious War by Barron, Clarence W. (Clarence Walker)
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.