gold basis

noun

1. a gold standard as a basis for prices.

gold basis

noun

1. the gold standard as a criterion for the determination of prices

Example Sentences

In March 1879 the Austrian and Hungarian Mints were closed to the coinage of silver on private account, preparatory to a reorganisation of the Austrian monetary system on a gold basis.

From Project Gutenberg

Under the contract no export duty is to be laid on agricultural exports transported over the railroad except coffee and the Company is given the right to fix its passenger and freight charges on a gold basis.

From Project Gutenberg

The obligations of the government have been religiously performed, and Uruguay's currency is on a gold basis.

From Project Gutenberg

He consistently advocated currency reform, the gold basis, a tariff for revenue only, and civil service reform, rendering the greatest aid to the last cause.

From Project Gutenberg

We renew our allegiance to the principle of the gold standard and declare our confidence in the wisdom of the legislation of the Fifty-Sixth Congress, by which the parity of all our money and the stability of our currency upon a gold basis has been secured.

From Project Gutenberg