- a monetary system with gold of specified weight and fineness as the unit of value.
Origin of gold standard
An Americanism dating back to 1825–35
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for gold standard
It is time to expose the preposterous assurance of the gold-standard pundits.
It's a great thing to be a citizen of a gold-standard nation, ain't it?'Roads of Destiny
Such a movement is fully in harmony with the opinions of the gold-standard advocates for the past twenty years.Money
John P. Jones
Mr. Cleveland may well be deified in the gold-standard cult, for clearly he has been the arch-enemy of bimetallism.
Shrunken to the dreary platitudes of the gold-standard catechism, babbling of “sound currency” and “intrinsic value.”
- 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
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.