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standard, monetary standard

 

the value behind the money in a monetary system

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Kinds of ...: standard, monetary standard
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kinds of:

  • gold standard — a monetary standard under which the basic unit of currency is defined by a stated quantity of gold
  • silver standard — a monetary standard under which the basic unit of currency is defined by a stated quantity of silver
  • bimetallism — 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

... is a Kind of: standard, monetary standard
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is a kind of:

  • value — the quality (positive or negative) that renders something desirable or valuable

 
 

 

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Definition. WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved.  Read more