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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

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But for the Dawes Committee the post-War mark could never have been stabilized on a gold basis.

From Time Magazine Archive

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

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

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

We can raise two hundred and fifty millions of revenue on the gold basis, and at the same time have a vast reduction in our taxes.

From Hidden Treasures Or, Why Some Succeed While Others Fail by Lewis, Harry A.

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