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
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.
One of the characteristics of the discussion now going on between the advocates of gold monometallism and those of bimetallism is the disingenuousness of the former.
From The Arena Volume 18, No. 92, July, 1897 by Various
In such a case there is bimetallism de jure, but monometallism de facto.
From Modern Economic Problems Economics Volume II by Fetter, Frank Albert
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
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
England had in 1816, when she adopted gold monometallism, about $10,000,000,000 in property and had in 1873 about $40,000,000,000.
From If Not Silver, What? by Bookwalter, John W.
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.
