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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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The question at issue was whether to set up the now virtually stabilized paper franc on a 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

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

It was a frog peeping out from a graceful tangle of grass-sprays and rushes, and was done in enamels on a gold basis, and had a gold pin back of it.

From Following the Equator, Part 3 by Twain, Mark

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