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.
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
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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
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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
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Oilman Sokolnikov, as Soviet Commissar for Finance, was famed as the financier who put Russian currency on a gold basis.
From Time Magazine Archive
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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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Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.