bimetallism

[ bahy-met-l-iz-uhm ]

noun

1. the use of two metals, ordinarily gold and silver, at a fixed relative value, as the monetary standard.
2. the doctrine or policies supporting such a standard.

bimetallism

/ baɪˈmɛtəˌlɪzəm /

noun

1. the use of two metals, esp gold and silver, in fixed relative values as the standard of value and currency
2. the economic policies or doctrine supporting a bimetallic standard

Derived Forms

• biˈmetallist, noun

Other Words From

• bi·metal·list noun
• bi·metal·listic adjective

Word History and Origins

Origin of bimetallism¹

First recorded in 1875–80; bi- ¹ + metal + -ism

Example Sentences

This action ended bimetallism and placed the United States on the gold standard.

From Encyclopedia.com

He advocated unsuccessfully for bimetallism, which would have created inflation that helped farmers at the expense of eastern moneyed elites.

From Washington Post

Milton Friedman wrote an excellent article in 1990 on the issue of bimetallism revisiting the U.S. historical account.

From Forbes

Not to mention the many college literary societies--every college has one at least, and they are all ready to discuss any topic, from the Origin of Evil to bimetallism--there are now in the University various learned societies, modelled and sometimes called after the German Seminar, which are intended to supplement the deficiencies of tuition, and to keep the serious student abreast of the newest erudition which has been 'made in Germany,' or anywhere else on the Continent.

From Project Gutenberg

He practised law in Cincinnati, and then in Pomeroy until 1885, when he gave up law for the advancement of bimetallism.

From Project Gutenberg