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.
In countries whose currencies are not on a gold basis, and not at par with dollars, a premium is consequently placed upon gold production.
From Time Magazine Archive
The Chancellor announced most significantly that Great Britain was henceforth on a gold basis.
From Time Magazine Archive
Anxiously Madrid foresaw that Portugal, by letting her escudo slide with sterling, will be able to offer drink, etc. to thirsty Britons cheaper than Spain, whose peseta is semi-stabilized on a gold basis.
From Time Magazine Archive
He also stated that Germany was practically upon a gold basis.
From Time Magazine Archive
Then came the resumption of specie payment, which, in effect, placed the paper money on a gold basis.
From History of the United States by Charles A. (Charles Austin) Beard
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Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
