bimetallism

bimetallism
The use of a monetary standard based upon two different metals, traditionally gold and silver usually in a fixed ratio of values.
See Also: bimetallist

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  • Bimetallism — Bi*met al*lism, n. [F. bim[ e]talisme.] 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. [1913 Webster] Note: The words bim[ e]tallisme and monom[… …   The Collaborative International Dictionary of English

  • bimetallism — [bī met′ l iz΄əm] n. 1. the use of two metals, usually gold and silver, as the monetary standard, with fixed values in relation to each other 2. the doctrine, actions, or policies supporting this bimetallist n …   English World dictionary

  • Bimetallism — In economics, bimetallism is a monetary standard in which the value of the monetary unit can be expressed as a certain amount of gold or as a certain amount of silver; the ratio between the two metals is fixed by law. In economic history the… …   Wikipedia

  • bimetallism — bimetallist, n. bimetallistic, adj. /buy met l iz euhm/, n. 1. the use of two metals, ordinarily gold and silver, at a fixed relative value, as the monetary standard. 2. the doctrine or policies supporting such a standard. [1875 80; BI 1 + METAL… …   Universalium

  • bimetallism —   n. currency system in which both gold and silver are standard money.    ♦ bimetallic,   a.    ♦ bimetallist, n. advocate of bimetallism.    ♦ bimetallistic, a …   Dictionary of difficult words

  • bimetallism — noun Etymology: French bimétallisme, from bi + métal metal Date: 1876 the use of two metals (as gold and silver) jointly as a monetary standard with both constituting legal tender at a predetermined ratio • bimetallist noun • bimetallistic… …   New Collegiate Dictionary

  • BIMETALLISM —    the employment of two metals (gold and silver) in the currency of a country as legal tender at a fixed relative value, the ratio usually proposed being 1 to 15½ …   The Nuttall Encyclopaedia

  • bimetallism — bi·met·al·lism || ‚baɪ metÉ™lɪzÉ™m n. use of two metals as money (especially gold and silver) …   English contemporary dictionary

  • bimetallism — [bʌɪ mɛt(ə)lɪz(ə)m] noun historical a system of allowing the unrestricted currency of two metals as legal tender at a fixed ratio to each other. Derivatives bimetallist noun …   English new terms dictionary

  • bimetallism — bi·met·al·lism …   English syllables

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