Bimetallism definition

Bimetallism





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2 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  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['e]tallisme are due
           to M. Cernuschi [1869]. --Littr['e].
           [1913 Webster]

From WordNet (r) 2.0 [wn]:

  bimetallism
       n : 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

















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