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1 a: the indicated quotient of two mathematical expressions b: the relationship in quantity, amount, or size between two or more things : proportion

2: the expression of the relative values of gold and silver as determined by a country's currency laws

http://www.merriam-webster.com/dictionary/ratio

1. Relation in degree or number between two similar things.

2. The relative value of silver and gold in a currency system that is bimetallic. 3. Mathematics The relation between two quantities expressed as the quotient of one divided by the other

http://www.thefreedictionary.com/dict.asp?Word=ratio

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