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

The problem therefore is�how soon can the pound get back to par and a gold basis?

From Time Magazine Archive

The Chancellor announced most significantly that Great Britain was henceforth 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

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

While this country was lowering its level of prices from an inflated paper money to a gold commodity basis, the gold basis itself was sinking to a lower level.

From Modern Economic Problems Economics Volume II by Fetter, Frank Albert