bimetallism
中文解釋
wordnet sense
Collocation Usage
Collins Definition
Noun
A system allowing the unrestricted currency of two metals (e.g., gold and silver) as legal tender at a fixed ratio to each other,
/bīˈmetlˌizəm/,
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A system allowing the unrestricted currency of two metals (e.g., gold and silver) as legal tender at a fixed ratio to each other,
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A system allowing the unrestricted currency of two metals (e.g., gold and silver) as legal tender at a fixed ratio to each other
Web Definitions:
- a monetary standard under which the basic unit of currency is defined by stated amounts of two metals (usually gold and silver) with values set at a predetermined ratio
- (bimetallistic) pertaining to a monetary system based on two metals; "in a bimetallistic system both gold and silver can constitute legal tender"
- In economics, bimetallism is a monetary standard in which the value of the monetary unit is defined as equivalent either to a certain quantity of gold or to a certain quantity of silver. Such a system establishes a fixed rate of exchange for the two metals. ...
- A monetary standard in which a nation uses two metals, typically gold and silver, to back its currency. All forms of legal tender may be redeemed for either metal at a statutory rate. ...
- The definition of the value of a currency in terms of two different metals -- usually gold and silver -- at the same time. That is, the issuer of the currency promises to exchange it for either a certain fixed amount of one metal or for a certain (different) amount of the other metal. ...
- A monetary system which attempts to maintain a fixed exchange ratio between the metals gold and silver.
- This monetary system based on the two metal standards, gold and silver, was in almost universal use until the mid 19th century. ...