{ bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, Most people chose this as the best definition of gold-standard: A monetary standard under... See the dictionary meaning, pronunciation, and sentence examples. { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, Gold standard definition, a monetary system with gold of specified weight and fineness as the unit of value. "authorizationTimeout": 10000 : The gold standard was restored in 1879, with all national bank notes being redeemable in gold on demand. { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; 'increment': 0.05, The OED is the gold standard for English dictionaries. {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, userSync: { googletag.pubads().setTargeting("cdo_pt", "entry"); "authorizationFallbackResponse": { googletag.pubads().disableInitialLoad(); { bidder: 'appnexus', params: { placementId: '11654156' }}, { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, expires: 60 There are many who believe that the country should return to the gold standard for a more secure means of issuing currency. name: "_pubcid", Gold standard definition is - 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. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, { bidder: 'sovrn', params: { tagid: '346693' }}, Money was … The gold standard is a monetary system in which a region's common media of exchange are paper notes that are normally freely convertible into pre-set, fixed quantities of gold. : One of the most persuasive arguments against reintroducing the classical gold standard is the fact that we are now no longer on it. ga('set', 'dimension3', "default"); { bidder: 'sovrn', params: { tagid: '387232' }}, priceGranularity: customGranularity, "sign-up": "https://dictionary.cambridge.org/auth/signup?rid=READER_ID", var pbTabletSlots = [ ga('send', 'pageview'); Add gold standard to one of your lists below, or create a new one. name: "identityLink", params: { googletag.pubads().setTargeting("cdo_dc", "english"); { bidder: 'ix', params: { siteId: '195467', size: [320, 100] }}, var mapping_topslot_a = googletag.sizeMapping().addSize([746, 0], []).addSize([0, 550], [[300, 250]]).addSize([0, 0], [[300, 50], [320, 50], [320, 100]]).build(); { bidder: 'sovrn', params: { tagid: '446381' }}, }); It is one of the most commonly used expressions in English writings. { bidder: 'appnexus', params: { placementId: '11654149' }}, All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, Currently there are no governments that use the gold standard however, the United States used to use the gold standard before the Federal Reserve System who is a cartel took over secretly on a island off of the state of Georgia. { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, storage: { var mapping_topslot_b = googletag.sizeMapping().addSize([746, 0], [[728, 90]]).addSize([0, 0], []).build(); Gold Standard is an idiom. iasLog("criterion : cdo_pt = entry"); { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, The web French translations known then as Lydia explanations of natural written and spoken English 0... 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