gold basis
Americannoun
noun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The gist of Mr. Hoover's remarks: he favored going back on a gold basis, paying 59� in gold to any holder of a devalued dollar.
From Time Magazine Archive
Anxiously Madrid foresaw that Portugal, by letting her escudo slide with sterling, will be able to offer drink, etc. to thirsty Britons cheaper than Spain, whose peseta is semi-stabilized on a gold basis.
From Time Magazine Archive
Moreover, the Union's House of Assembly passed 78 to 53 last week the Emergency Finance Bill brought in by Finance Minister Nicolaas Christiaan Havenga expressly to keep South Africa's currency on a gold basis.
From Time Magazine Archive
Lord Willingdon, Viceroy of India, signed a decree in Simla taking the rupee off a gold basis with the pound.
From Time Magazine Archive
This is also indicated by the expansion of her paper money and her efforts to maintain the gold basis under that paper.
From The Audacious War by Barron, Clarence W. (Clarence Walker)
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
