Definition of bimetallism in English:
A system allowing the unrestricted currency of two metals (e.g., gold and silver) as legal tender at a fixed ratio to each other.
- Reading it as a pro-populist metaphor for the economic effect of bimetallism and the expansion of the nation's money supply along with the empowerment of western farmers and industrial laborers seems apparent enough.
- Duckenfield observes England's movement from bimetallism to a de facto gold standard in 1717.
- There is going to have to be rather a lot of financial information in there, elucidations of first principles, plausible and sufficient accounts of political wranglings over bimetallism and the Gold Standard.
- Example sentences
- It is suggested that the example of French bimetallism and its success between 1850 and 1870 provided a success story to which bimetallists in the 1890s could refer.
- However, it would have been in order to discuss the bimetallist systems of other countries.
- So went the decade, with the international bimetallists and gold men unable to halt limited silver coinage and the free coinage men unable to remove the limitations.
Definition of bimetallism in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan