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gold standard

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noun
a monetary system with gold of specified weight and fineness as the unit of value.
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Origin of gold standard

An Americanism dating back to 1825–35
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

How to use gold standard in a sentence

British Dictionary definitions for gold standard

gold standard

noun
a monetary system in which the unit of currency is defined with reference to gold
the supreme example of something against which others are judged or measuredthe current gold standard for breast cancer detection
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

Cultural definitions for gold standard

gold standard

A system in which a nation's currency has a value measured in gold and can be exchanged for gold. Most nations, including the United States, went off the gold standard in the 1930s.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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