| gold standard |
A monetary system with a fixed price for gold, and with gold coin either forming the whole circulation of currency within a country or with notes representing and redeemable in gold.
Ãâó: www.lbma.org.uk/london_glossary.html
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|---|---|
| gold standard |
A form of monetary system which existed at various times up until 1971. The basis for the system is one where a country's currency is backed up by physical bullion and where the notes and coins of a country can be exchanged for the underlying metal.
Ãâó: www.scotiabank.com/cda/content/0,1608,CID8139_LIDe...
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| gold standard |
A fixed exchange rate system whereby the value of each country's currency is directly tied to gold.
Ãâó: wps.aw.com/aw_rohlf_econreason_5/0,5759,11635-,00....
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| gold standard |
A monetary system in which currency is convertible into fixed amounts of gold. The US used to be on the gold standard but was taken off in 1971.
Ãâó: www.environmentalinvestors.com/glossary/ilGoGq.htm
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| gold standard |
An exchange whereby currency can be exchanged for fixed amounts of gold.
Ãâó: www.e2.co.uk/finance/stocks_shares/glossary.html
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