gold basis

American  

noun

1. a gold standard as a basis for prices.

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gold basis British  

noun

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

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Example Sentences

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

Britain's immediate money troubles go back to 1925, when to uphold British prestige Winston Spencer Churchill, moon-faced Conservative Chancellor of the Exchequer, put the pound back on a gold basis.

From Time Magazine Archive

As uncertainty grew to fear the Italian lira, which Count Volpi placed on a gold basis cf 5.26� last December, sank abruptly to 5.23�, a low record for 1928.

From Time Magazine Archive

No community or section of country has ever yet reached a permanent success, according to the usually accepted idea of success, upon what may in this connection be denominated a gold basis.

From Under the Southern Cross or Travels in Australia, Tasmania, New Zealand, Samoa, and Other Pacific Islands by Ballou, Maturin Murray