NOUN | possession | monetary standard, standard | the value behind the money in a monetary system |
---|
Meaning | The value behind the money in a monetary system. | |
---|---|---|
Synonym | standard | |
Narrower | bimetallism | A monetary standard under which the basic unit of currency is defined by stated amounts of two metals (usually gold and silver) with values set at a predetermined ratio |
gold standard | A monetary standard under which the basic unit of currency is defined by a stated quantity of gold | |
silver standard | A monetary standard under which the basic unit of currency is defined by a stated quantity of silver | |
Broader | value | The quality (positive or negative) that renders something desirable or valuable |
Spanish | patrón monetario, patrón | |
Catalan | patró monetari, patró |
©2001-24 · HyperDic hyper-dictionary · Contact