gold basis
Americannoun
noun
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.
Oilman Sokolnikov, as Soviet Commissar for Finance, was famed as the financier who put Russian currency on a gold basis.
From Time Magazine Archive
As uncertainty grew to fear the Italian lira, which Count Volpi placed on a gold basis cf 5.26� last December, sank abruptly to 5.23�, a low record for 1928.
From Time Magazine Archive
Lord Willingdon, Viceroy of India, signed a decree in Simla taking the rupee off a gold basis with the pound.
From Time Magazine Archive
Britain's gold standard tinkerers soon recalled that King Croesus of ancient Lydia was reputedly the first monarch to put the coin of his realm on a gold basis.
From Time Magazine Archive
An efficient constabulary was established, also a Philippine mint and coinage system on a gold basis.
From History of the United States, Volume 6 by Andrews, Elisha Benjamin
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Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
