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.
The gist of Mr. Hoover's remarks: he favored going back on a gold basis, paying 59� in gold to any holder of a devalued dollar.
From Time Magazine Archive
The Dawes Plan proposes to put Germany back on a gold basis, and consequently make the German mark a gold par currency.
From Time Magazine Archive
Oilman Sokolnikov, as Soviet Commissar for Finance, was famed as the financier who put Russian currency 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
President Montt then took in hand the question of a reform of the currency, the abolition of inconvertible paper money, and the re-establishment of a gold basis as the monetary standard of the republic.
From Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 2 "Chicago, University of" to "Chiton" by Various
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Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
