gold basis
Americannoun
noun
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.
Lord Willingdon, Viceroy of India, signed a decree in Simla taking the rupee off a gold basis with the pound.
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
Many a Wall Streeter with little to do except swap stories was rumoring that Lloyd's of London has wagered one to three that within six months the U. S. would abandon the gold basis.
From Time Magazine Archive
Britain's gold standard tinkerers soon recalled that King Croesus of ancient Lydia was reputedly the first monarch to put the coin of his realm on a gold basis.
From Time Magazine Archive
Gold was at a premium of some ten or fifteen per cent., and the Clarks were unwilling to take the contract on any but a gold basis.
From The Reminiscences of an Astronomer by Newcomb, Simon
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
