silver standard

  1. a monetary standard under which the basic unit of currency is defined by a stated quantity of silver
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How To Use silver standard In A Sentence

  • The other European countries were either on a pure silver standard or on a bimetallic (gold and silver) system.
  • To ask more seems to me unreasonable, and, if yielded to, will bring all our money to the single silver standard alone, demonetize gold and detach the United States from the standards of the great commercial nations of the world. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography.
  • Much is made of the collapse of bimetallism and its deleterious implications for countries on a silver standard.
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