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.
In England, where it has not become a political question, and no one is interested in denying the facts, monometallists almost universally concede the appreciation of gold and defend monometallism on that ground.
From If Not Silver, What? by John W. Bookwalter
In such a case there is bimetallism de jure, but monometallism de facto.
From Modern Economic Problems Economics Volume II by Frank Albert Fetter
It remains to be noted that, in 1897, Japan took the momentous step of adopting gold monometallism.
From A History of the Japanese People From the Earliest Times to the End of the Meiji Era by F. (Frank) Brinkley
They say that, in spite of all devices to the contrary, we must have monometallism any how, and always on the basis of the cheaper metal.
From If Not Silver, What? by John W. Bookwalter
They who created the administration, they who determine and will continue to determine its action, openly sneer at any system of money except the gold-based system of monometallism.
From The Arena Volume 18, No. 93, August, 1897 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.
