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Gold standard

noun

Definitions

Noun
  1. 1
    A monetary system where the value of circulating money is linked to the value of gold.

    "In countries that accepted the gold standard, currency could be exchanged at a bank for a fixed weight of gold."

  2. 2
    a paragon of excellence wordnet
  3. 3
    The highest or most reliable benchmark against which all others in a category are judged or measured. figuratively

    "The OED is the gold standard for English dictionaries."

  4. 4
    a monetary standard under which the basic unit of currency is defined by a stated quantity of gold wordnet

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