GOLD STANDARD


Meaning of GOLD STANDARD in English

transcription, транскрипция: [ noun ]

Date: 1831

1. : a monetary standard under which the basic unit of currency is defined by a stated quantity of gold and which is usually characterized by the coinage and circulation of gold, unrestricted convertibility of other money into gold, and the free export and import of gold for settling of international obligations

2. : benchmark 2b

Merriam-Webster's Collegiate English vocabulary.      Энциклопедический словарь английского языка Merriam Webster.