bimetallism Meaning, Definition & Usage
-
noun 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
WordNet
Bi*met"al*lism noun
Etymology
F.Definitions
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. ✍ The words bimétallisme and monométallisme are due to M. Cernuschi [1869]. Littré.