monometallism
[ mon-uh-met-l-iz-uh m ]
/ ˌmɒn əˈmɛt lˌɪz əm /
noun
the use of one metal only, as gold or silver, as a monetary standard.
the doctrine or actions supporting such a standard.
Origin of monometallism
First recorded in 1875–80;
mono- +
(bi)metallism
OTHER WORDS FROM monometallism
mon·o·met·al·list, nounWords nearby monometallism
monomelic,
monomer,
monomeric,
monomerous,
monometallic,
monometallism,
monometer,
monomethylamine,
monomial,
monomode,
monomolecular
Example sentences from the Web for monometallism
His factitious and absurd device is therefore not bimetallism, but monometallism on a basis of gold.
The Arena |VariousFinance was on the carpet in that hour, and bimetallism and monometallism, silver versus gold, were in everyone's mouth.
The President |Alfred Henry LewisIn such a case there is bimetallism de jure, but monometallism de facto.
The Principles of Economics |Frank A. Fetter
British Dictionary definitions for monometallism
monometallism
/ (ˌmɒnəʊˈmɛtəˌlɪzəm) /
noun
the use of one metal, esp gold or silver, as the sole standard of value and currency
the economic policies supporting a monometallic standard