monometallic

American  

[mon-oh-muh-tal-ik] / ˌmɒn oʊ məˈtæl ɪk /

adjective

1. of or using one metal.

2. pertaining to monometallism.

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monometallic British  

/ ˌmɒnəʊmɪˈtælɪk /

adjective

1. (esp of coins) consisting of one metal only

2. relating to monometallism

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Etymology

Origin of monometallic

First recorded in 1875–80; mono- + metallic

Example Sentences

The national wealth increased remarkably so as to enable the government to adopt a monometallic currency in gold.

From An Introduction to the History of Japan by Hara, Katsuro

This Act was repealed, but in substance re-enacted by the Coinage Act of 1870, and is still in principle and fact the law of the land and the basis of our monometallic system.

From The History of Currency, 1252 to 1896 by Shaw, William Arthur

There are those in England who still believe that this war will be the supreme test of the gold monometallic base for money and banking.

From The Audacious War by Barron, Clarence W. (Clarence Walker)

The final outcome of the application of the law of tender was the development of the modern monometallic system—a system in which alone lay the safeguard against the operation of the bullionist.

From The History of Currency, 1252 to 1896 by Shaw, William Arthur

Indeed, it is a matter of practical certainty that they will be far less extensive than they would be under the monometallic system, whichever metal were adopted as the standard of deferred payments.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur