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).
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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.
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
gold′ stand`ard
n.
a monetary system with gold of specified weight and fineness as the unit of value.
[1825–35, Amer.]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
gold standard
A system in which the value of a currency is legally fixed in terms of how much gold it is worth.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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Noun | 1. | ![]() 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" |
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