monetary standard 1
noundomain: possession
Princeton WordNet [ver.3.1]
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EnglishDefinition
the value behind the money in a monetary system
Synonyms
- standard 4
the value behind the money in a monetary system
Hypernym
value 2
noun
the quality (positive or negative) that renders something desirable or valuable
EnglishHyponym
gold standard 1
noun
a monetary standard under which the basic unit of currency is defined by a stated quantity of gold
a monetary standard under which the basic unit of currency is defined by a stated quantity of silver
bimetallism 1
noun
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
monometallism 1
noun
the use of only one metal (such as gold or silver) in the standard currency of a country, or as a standard of monetary value.
