gold standard

noun

a monetary system with gold of specified weight and fineness as the unit of value.

Origin of gold standard

An Americanism dating back to 1825–35

Words nearby gold standard

gold point, gold record, gold reserve, gold rush, gold rush, california, gold standard, gold star, gold stick, gold therapy, gold tranche, gold, frankincense, and myrrh

Example sentences from the Web for gold standard

British Dictionary definitions for gold standard

gold standard

noun

a monetary system in which the unit of currency is defined with reference to gold
the supreme example of something against which others are judged or measured the current gold standard for breast cancer detection

Cultural definitions for gold standard

gold standard

A system in which a nation's currency has a value measured in gold and can be exchanged for gold. Most nations, including the United States, went off the gold standard in the 1930s.