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Definition of Bimetallism
1. Noun. A monetary standard under which the basic unit of currency is defined by stated amounts of two metals (usually gold and silver) with values set at a predetermined ratio.
Definition of Bimetallism
1. n. The legalized use of two metals (as gold and silver) in the currency of a country, at a fixed relative value; -- in opposition to monometallism.
Definition of Bimetallism
1. Noun. (economics) The use of a monetary standard based upon two different metals, traditionally gold and silver usually in a fixed ratio of values. ¹
¹ Source: wiktionary.com
Definition of Bimetallism
1. [n -S]
Lexicographical Neighbors of Bimetallism
Literary usage of Bimetallism
Below you will find example usage of this term as found in modern and/or classical literature:
1. Bulletin of the New York Public Library by New York Public Library (1905)
"The old bimetallism and the new. no. 7. The measure of value and the ... Devoted to
the complete restoration of bimetallism in the United States, v. i, no. ..."
2. Money and Currency in Relation to Industry, Prices and the Rate of Interest by Joseph French Johnson (1905)
"bimetallism 145. Shall one metal or two metals be freely coined ? ... The transference
of the money demand is the essential feature of bimetallism. 147. ..."
3. The Encyclopaedia Britannica: A Dictionary of Arts, Sciences, Literature and (1910)
"We find first the upholders of national double standard, as in France and the
United Statev and these are followed by the advocates of bimetallism set Lp by ..."
4. Discussions in Economics and Statistics by Francis Amasa Walker, Davis Rich Dewey (1899)
"In speaking of International bimetallism to-day, however, ... The first thing
which I shall quote from the opponents of bimetallism is not an argument, ..."
5. Investigations in currency and finance by William Stanley Jevons (1884)
"SIR ISAAC NEWTON AND bimetallism. NOTE.—In all cases whore, either in the text
or notes of thi'8 ... Newton is then really the inventor of bimetallism. ..."
6. Elements of Political Economy by Joseph Shield Nicholson (1903)
"bimetallism, as usually understood, implies that gold and silver are both ...
bimetallism also implies that government fixes the legal ratio of exchange of ..."
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