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Showing results for gold basis. Search instead for kolbasis.

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

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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

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

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

Oilman Sokolnikov, as Soviet Commissar for Finance, was famed as the financier who put Russian currency 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 Simon Newcomb

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