bimetallism

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Related to Bimetallic standard: Bimetallic system

bi·met·al·lism

 (bī-mĕt′l-ĭz′əm)
n.
1. The use of a monetary standard consisting of two metals, especially gold and silver, in a fixed ratio of value.
2. The doctrine advocating bimetallism.

bi·met′al·list n.
bi·met′al·lis′tic adj.

bimetallism

(baɪˈmɛtəˌlɪzəm)
n
1. (Banking & Finance) the use of two metals, esp gold and silver, in fixed relative values as the standard of value and currency
2. (Banking & Finance) the economic policies or doctrine supporting a bimetallic standard
biˈmetallist n

bi•met•al•lism

(baɪˈmɛt lˌɪz əm)

n.
1. the use of two metals, ordinarily gold and silver, at a fixed relative value, as the monetary standard.
2. the doctrine or policies supporting such a standard.
[1875–80]
bi•met′al•list, n.
bi•met`al•lis′tic, adj.

bimetallism

the use of two metals jointly as a monetary Standard with fixed values in relation to one another. — bimetallist, n. — bimetallistic, adj.
See also: Money
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.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 ratiobimetallism - 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
monetary standard, standard - the value behind the money in a monetary system
Translations
References in periodicals archive ?
Before the victory of the gold standard in the 1870's, Europe had operated with a bimetallic standard for centuries, using silver as well as gold.
Those who favored keeping the dollar on a bimetallic standard were clearly at a loss on how to maintain the two metals and still deal with the coin shortage.
This is also called a bimetallic standard, or bimetallism.