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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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Though such a movement would have seemed trifling before the lira was stabilized on a gold basis, it loomed ominously, last week, almost seven months after complete stabilization was supposed to have been achieved.

From Time Magazine Archive

Prime Minister Richard Bedford Bennett of Canada announced that no matter what Britain did, Canada would remain on a gold basis.

From Time Magazine Archive

But for the Dawes Committee the post-War mark could never have been stabilized 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

While this country was lowering its level of prices from an inflated paper money to a gold commodity basis, the gold basis itself was sinking to a lower level.

From Modern Economic Problems Economics Volume II by Frank Albert Fetter

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