Meaning | The value behind the money in a monetary system. |
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Synonym | standard |
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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 |
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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 |
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Spanish | patrón monetario, patrón |
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Catalan | patró monetari, patró |
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