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gold basis

American  

noun

  1. a gold standard as a basis for prices.


gold basis British  

noun

  1. the gold standard as a criterion for the determination of prices

"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

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.

Though such a movement would have seemed trifling before the lira was stabilized on a gold basis, it loomed ominously, last week, almost seven months after complete stabilization was supposed to have been achieved.

From Time Magazine Archive

The gist of Mr. Hoover's remarks: he favored going back on a gold basis, paying 59� in gold to any holder of a devalued dollar.

From Time Magazine Archive

The problem therefore is�how soon can the pound get back to par and a gold basis?

From Time Magazine Archive

Prime Minister Richard Bedford Bennett of Canada announced that no matter what Britain did, Canada would remain on a gold basis.

From Time Magazine Archive

The Straits Settlements have fixed their money on a gold basis at 2s. 4d. per dollar, on the lines of the arrangement made in India.

From Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 1 "Evangelical Church Conference" to "Fairbairn, Sir William" by Various