standard dollar


noun

the basic monetary unit of the U.S., since January 31, 1934, containing 15.2 grains of gold, 0.900 fine: previously contained 25.8 grains of gold, 0.900 fine.

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Origin of standard dollar

An Americanism dating back to 1875–80
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020