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bimetallism

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bimetallism


  2  definitions  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Bimetallism  \Bi*met"al*lism\,  n.  [F.  bim['e]talisme.] 
  The  legalized  use  of  two  metals  (as  gold  and  silver)  in  the 
  currency  of  a  country,  at  a  fixed  relative  value;  --  in 
  opposition  to  monometallism. 
 
  Note:  The  words  bim['e]tallisme  and  monom['e]tallisme  are  due 
  to  M.  Cernuschi  [1869].  --Littr['e]. 
 
  From  WordNet  r  1.6  [wn]: 
 
  bimetallism 
  n  :  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 




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