silver standard

noun

1. a monetary standard or system using silver of specified weight and fineness to define the basic unit of currency.

silver standard

noun

1. a monetary system in which the legal unit of currency is defined with reference to silver of a specified fineness and weight and sometimes (esp formerly) freely redeemable for it

Word History and Origins

Origin of silver standard¹

An Americanism dating back to 1825–35

Example Sentences

When America had a gold or silver standard, the federal budget ran an...

From Wall Street Journal

Half income is said to be the "silver standard."

From BBC

What about a “silver standard” or a basket of metals?

From Forbes

Panic of 1873 resulted in national governments’ embrace of protectionist policies and a shift away from the global silver standard.

From Forbes

Its contribution to metaphor alone is legion — who would want a therapy that is, let us say, the silver standard?

From Nature