monometallism

[ mon-uh-met-l-iz-uhm ]

noun
  1. the use of one metal only, as gold or silver, as a monetary standard.

  2. the doctrine or actions supporting such a standard.

Origin of monometallism

1
First recorded in 1875–80; mono- + (bi)metallism

Other words from monometallism

  • mon·o·met·al·list, noun

Words Nearby monometallism

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use monometallism in a sentence

  • Her statesmen believed the geologists rather than the panic-stricken financiers, and so she held for gold monometallism.

    If Not Silver, What? | John W. Bookwalter
  • She paid it with a rapidity that amazed the world, but in her hour of weakness she consented to gold monometallism.

    If Not Silver, What? | John W. Bookwalter
  • Finance was on the carpet in that hour, and bimetallism and monometallism, silver versus gold, were in everyone's mouth.

    The President | Alfred Henry Lewis
  • In such a case there is bimetallism de jure, but monometallism de facto.

    The Principles of Economics | Frank A. Fetter
  • Thus Japan ultimately drifted into silver monometallism, the silver yen becoming her unit of currency.

British Dictionary definitions for monometallism

monometallism

/ (ˌmɒnəʊˈmɛtəˌlɪzəm) /


noun
  1. the use of one metal, esp gold or silver, as the sole standard of value and currency

  2. the economic policies supporting a monometallic standard

Derived forms of monometallism

  • monometallist, noun

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