Definition of silver standard in English:

Share this entry

silver standard


A system by which the value of a currency is defined in terms of silver, for which the currency may be exchanged.
Example sentences
  • Of course, uniformity could have been realized by returning to the silver standard and bona fide specie payments, and reducing the currency, but there were few who mentioned this option.
  • Thus the United States was on a silver standard, but it was also on a bimetallic system of coinage, that included gold to be circulated at a ‘fixed’ exchange rate to the silver standard.
  • From 1789-1834, the country was on a de facto silver standard, from 1834-1861 a gold standard.

For editors and proofreaders

Line breaks: sil¦ver stand|ard

Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.