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.

Generic synonyms: Monetary Standard, Standard
Derivative terms: Bimetallist, Bimetallistic



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]

Bimetallism Pictures

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Lexicographical Neighbors of Bimetallism

bimediality
bimedian
bimedians
bimembral
bimensal
bimesogenic
bimester
bimesters
bimestrial
bimestrially
bimetal
bimetal strip
bimetallic
bimetallic strip
bimetallics
bimetallism (current term)
bimetallisms
bimetallist
bimetallistic
bimetallists
bimetals
bimeter
bimeters
bimethyl
bimethyls
bimetric
bimillenaries
bimillenary
bimillenial
bimillennial

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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