monometallism

[ mon-uh-met-l-iz-uh m ]
/ ˌmɒn əˈmɛt lˌɪz əm /

noun

the use of one metal only, as gold or silver, as a monetary standard.
the doctrine or actions supporting such a standard.

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Origin of monometallism

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

OTHER WORDS FROM monometallism

mon·o·met·al·list, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

Example sentences from the Web for monometallism

  • His factitious and absurd device is therefore not bimetallism, but monometallism on a basis of gold.

    The Arena|Various
  • 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.

British Dictionary definitions for monometallism

monometallism
/ (ˌmɒnəʊˈmɛtəˌlɪzəm) /

noun

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