gold standard
See also: Goldstandard
English edit
Pronunciation edit
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Noun edit
gold standard (plural gold standards)
- (economics) A monetary system where the value of circulating money is linked to the value of gold.
- 2002, Philip Ball, The Elements: A Very Short Introduction, Oxford, published 2004, page 57:
- In countries that accepted the gold standard, currency could be exchanged at a bank for a fixed weight of gold.
- (figurative) A test or measure of comparison that is considered ultimate or ideal.
- The OED is the gold standard for English dictionaries.
- 2016 October 3, Tad Friend, “Sam Altman’s Manifest Destiny”, in The New Yorker[1]:
- YC’s gold standard for revenue growth is ten per cent a week, which compounds to 142x a year.
Translations edit
monetary system where the value of circulating money is linked to the value of gold
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test or measure of comparison that is considered ultimate or ideal
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Further reading edit
- gold standard on Wikipedia.Wikipedia