| / English Dictionary |
MONETARY STANDARD
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
The value behind the money in a monetary system
Synonyms:
monetary standard; standard
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("monetary standard" is a kind of...):
value (the quality (positive or negative) that renders something desirable or valuable)
Hyponyms (each of the following is a kind of "monetary standard"):
gold standard (a monetary standard under which the basic unit of currency is defined by a stated quantity of gold)
silver standard (a monetary standard under which the basic unit of currency is defined by a stated quantity of silver)
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 ratio)
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