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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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The question at issue was whether to set up the now virtually stabilized paper franc 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

Though such a movement would have seemed trifling before the lira was stabilized on a gold basis, it loomed ominously, last week, almost seven months after complete stabilization was supposed to have been achieved.

From Time Magazine Archive

The Chancellor announced most significantly that Great Britain was henceforth on a gold basis.

From Time Magazine Archive

During the war nominal prices, expressed in depreciated greenbacks, rose far above the normal, but when corrected to a gold basis they show little change.

From The New Nation by Dodd, William E.