gold standard

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gold standard

n.
1. A monetary standard under which the basic unit of currency is equal in value to and exchangeable for a specified amount of gold.
2. A model of excellence; a paragon: "Several generations of the laser have been widely available in Europe; the FDA approved the one now considered the gold standard" (Daniel Goleman).

gold standard

n
1. (Economics) a monetary system in which the unit of currency is defined with reference to gold
2. the supreme example of something against which others are judged or measured: the current gold standard for breast cancer detection.

gold′ stand`ard


n.
a monetary system with gold of specified weight and fineness as the unit of value.
[1825–35, Amer.]

gold standard

A system in which the value of a currency is legally fixed in terms of how much gold it is worth.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.gold standard - a monetary standard under which the basic unit of currency is defined by a stated quantity of goldgold standard - a monetary standard under which the basic unit of currency is defined by a stated quantity of gold
monetary standard, standard - the value behind the money in a monetary system
2.gold standard - a paragon of excellence; "academic education is the gold standard against which other educational activity is pejoratively judged"
beau ideal, paragon, perfection, idol - an ideal instance; a perfect embodiment of a concept
Translations

gold standard

ntallone m aureo
References in periodicals archive ?
This emergent monetary order would mirror the world gold standard system of the late 19th century and could last for a century or more.
Presolicitation: Provision of COSMED USA for BOD POD Gold Standard system.
Cogent has developed a Gold Standard system of accreditation and Continuing Professional Development programme that provides a framework for pivotal job roles in the process sector.