the gold standard

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• the gold standard — UK US noun [S] ► ECONOMICS, FINANCE the situation in which a currency’s value is based on the price of gold: »He would like to return the dollar to the gold standard. ► something that is very good and is used for measuring how good other similar… …   Financial and business terms

• the gold standard — 1 : a system in which a unit of money (such as the dollar) is equal to a particular amount of gold It was the early 20th century, and the United States was still on the gold standard. 2 : something that is considered to be the best and that is… …   Useful english dictionary

• the gold standard — UK / US noun 1) economics an economic system in which the value of money is calculated according to the value of gold 2) the best available thing of its kind The test is the gold standard for detecting colon cancer …   English dictionary

• (the) gold standard — …   Useful english dictionary

• The Gold Vault of the FED of New York — The gold bullion in the Federal Reserve Bank of New York s vault is part of the monetary reserves of 36 foreign governments, central banks, and official international organizations around the world. It is stored in 122 separate compartments in… …   Wikipedia

• Gold Standard Act — The Gold Standard Act of the United States was passed in 1900 (ratified on March 14) and established gold as the only standard for redeeming paper money, stopping bimetallism (which had allowed silver in exchange for gold). It was signed by… …   Wikipedia

• gold standard — gold .standard n the gold standard technical the use of the value of gold as a fixed standard on which to base the value of money …   Dictionary of contemporary English

• Gold standard — For other uses, see Gold standard (disambiguation). Under a gold standard, paper notes are convertible into pre set, fixed quantities of gold. The gold standard is a monetary system in which the standard economic unit of account is a fixed mass… …   Wikipedia

• Gold standard (test) — For other uses, see Gold standard (disambiguation). In medicine and statistics, gold standard test refers to a diagnostic test or benchmark that is the best available under reasonable conditions. It does not have to be necessarily the best… …   Wikipedia

• gold standard — a monetary system with gold of specified weight and fineness as the unit of value. [1825 35, Amer.] * * * Monetary system in which the standard unit of currency is a fixed quantity of gold or is freely convertible into gold at a fixed price. The… …   Universalium

• Gold Standard —    A standard defining a national currency in terms of a fixed weight of gold, and allowing a free exchange and trade of gold. Until the nineteenth century, most of the countries maintained a bimetallic monetary system, in which national monetary …   Encyclopedia of the Age of Imperialism, 1800–1914