monometallism
Americannoun
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the use of one metal only, as gold or silver, as a monetary standard.
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the doctrine or actions supporting such a standard.
noun
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the use of one metal, esp gold or silver, as the sole standard of value and currency
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the economic policies supporting a monometallic standard
Other Word Forms
Derived Forms
Etymology
Origin of monometallism
First recorded in 1875–80; mono- + (bi)metallism
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 order to defend themselves from a flood of cheap and cheapening silver, the Florentine authorities adopted a virtual gold monometallism.
From The History of Currency, 1252 to 1896 by Shaw, William Arthur
Mr. Goschen and I were together in the conference in Paris; both of us were sturdy defenders of gold monometallism; but I have changed my mind.
From If Not Silver, What? by Bookwalter, John W.
His factitious and absurd device is therefore not bimetallism, but monometallism on a basis of gold.
From The Arena Volume 18, No. 93, August, 1897 by Various
In several volumes on the “Régime des manufactures” he described the condition of the silk, woolen, cotton, and iron industries.70.The most vigorous advocate of monometallism in France.
From Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy by Mill, John Stuart
Timon of London, loquitur:— The learned pate Ducks to the golden fool; all is oblique; There's nothing level in our currency But monometallism!
From Punch, or the London Charivari, Vol. 105, August 12th 1893 by Various
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
