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Definition of Gold standard
1. Noun. A monetary standard under which the basic unit of currency is defined by a stated quantity of gold.
2. Noun. A paragon of excellence. "Academic education is the gold standard against which other educational activity is pejoratively judged"
Definition of Gold standard
1. Noun. (economics) A monetary system where the value of circulating money is linked to the value of gold. ¹
2. Noun. (idiomatic) A test or measure of comparison that is considered ultimate or ideal. ¹
¹ Source: wiktionary.com
Medical Definition of Gold standard
1. Term used to describe a method or procedure that is widely recognised as the best available. Origin: jargon (05 Mar 2000)
Lexicographical Neighbors of Gold Standard
Literary usage of Gold standard
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Living Age by Making of America Project, Eliakim Littell, Robert S. Littell (1844)
"Literally hundreds of LIVING AGE devotees should consult, if not purchase, this
invaluable volume. —QUINCY HOWE THE DOWNFALL OF THE gold standard. ..."
2. Money and Banking: Illustrated by American History by Horace White (1911)
"... THE gold standard / SPEAKING broadly, it may be said that the ancient world
had the double standard of silver and gold; that the single silver standard ..."
3. The Encyclopaedia Britannica: A Dictionary of Arts, Sciences, and General by Thomas Spencer Baynes (1888)
"The proposal of the Paris conference of 1867 for a single gold standard, and a
universal coinage on that basis, raised the question. to great prominence. ..."
4. Principles of Economics: With Special Reference to American Conditions by Edwin Robert Anderson Seligman (1914)
"In the same year Peru suspended the free coinage of silver, in 1898 Ecuador
limited its legal tender, and in 1899 India adopted the gold standard. ..."
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