MONETARY STANDARD
Dictionary entry overview: What does monetary standard mean?
• MONETARY STANDARD (noun)
The noun MONETARY STANDARD has 1 sense:
1. the value behind the money in a monetary system
Familiarity information: MONETARY STANDARD used as a noun is very rare.
Dictionary entry details
• MONETARY STANDARD (noun)
Meaning:
The value behind the money in a monetary system
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
monetary standard; standard
Hypernyms ("monetary standard" is a kind of...):
value (the quality (positive or negative) that renders something desirable or valuable)
Hyponyms (each of the following is a kind of "monetary standard"):
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)
