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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)