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gold standard

Word family 
ˈgold ˌstandard noun  
the gold standard technicalPEC the use of the value of gold as a fixed standard on which to base the value of money 〔货币的〕金本位
Examples from the Corpus
gold standard• Each needs an archetype, a gold standard, to allow their specimens to be put in the correct cabinet.• In fact a gold standard operated in the international economy prior to 1914 and for a period after the First World War.• Their candy is the gold standard.• One notable feature of the gold standard was that it allowed automatic adjustment to take place via changes in expenditure and output.• Presto, the gold standard controlled prices and alleviated trade imbalances.• Raymond Waites stayed with the gold standard, however, in some delightful details for Lane.• The gold standard was abandoned, the pound was devalued, and interest rates were lowered.
From Longman Business Dictionary
gold standardˈgold ˌstandard [singular]ECONOMICS
a system in which the value of the standard unit of currency is equal to a fixed weight of gold of a particular quality. This system was used in the past by many countries and had the result of making the exchange rates between such countries fixed
The gold standard forced the central bank to exchange currency for gold at a fixed price.
→ standard
ˈgold ˌstandard noun
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Syllable
Corpus

See also: gold standard

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