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Bimetallism

Definition of the noun bimetallism

What does bimetallism mean as a name of something?

noun - plural: bimetallisms

  1. 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
    • lexical domain: Possessions - nouns denoting possession and transfer of possession
    • more generic terms: monetary standard / standard = the value behind the money in a monetary system

Writings

"Bimetallism" is a book by Henry Dunning Macleod.

  • subjects: Economic history, Economic growth

Printed dictionaries and other books with definitions for Bimetallism

Click on a title to look inside that book (if available):

Google previewFlexible Exchange Rates for a Stable World Economy (2011)

by Joseph E. Gagnon

Bimetallism is a system in which money is defined in terms of two metals. Box 2.1 Classifying exchange rate regimes1 P principal objective; s. 9. 2.

Google previewPresidents Fact Book Revised and Updated! (2015)

The Achievements, Campaigns, Events, Triumphs, and Legacies of Every President from George Washington to Barack Obama by Roger Matuz

Bimetallism is a policy of using two different precious metals to give value to legal tender. Gold was the single metal used as the basis for the value of money in the United States, but there were people during the last half of the nineteenth ...

Google previewThe Authentic Constitution (2009)

An Originalist View of America's Legacy by Arthur E. Palumbo

Bimetallism is a monetary system that uses two metals as the standard of value, usually gold and silver, and sets the relative value of the metals by using a fixed mint ratio. During the eighteenth and nineteenth centuries, the United States used ...

Google previewThe New standard encyclopedia (1907)

by William A. Colledge, Nathan Haskell Dole, George Jotham Hagar

Bimetallism is a scheme to maintain two monetary standards in concurrent circulation at a fixed relative value. The term is a modern one, having originated probably with Cernuschi (q. v.) about the time of the serious fall in the value of silver in ...

Google previewThe New Palgrave Dictionary of Economics (2016)

by NA NA

bimetallism, the market gold—silver price ratio remained in the neighbourhood of 15%. (Also, exchange rates among gold, silver, and bimetallic countries were stable.) The stability of the market ratio was remarkable in the face of severe ...

Google previewThe Encyclopedia Americana (1904)

A General Dictionary of the Arts and Sciences, Literature, History, Biography, Geography, Etc., of the World; Editor-in-chief, Frederick Converse Beach ... Managing Editor, Forrest Morgan ... Assistant Editors, Nathan Haskell Dole ... Edward Thomas Roe ... Thomas Campbell Copeland ... by Frederick Converse Beach, Forrest Morgan, George Edwin Rines, E. T. Roe, Nathan Haskell Dole, Thomas Campbell Copeland

See BIMETALLISM; COINAGE; ELECTRO-CHEMICAL INDUSTRIES; CorPER; GOLD; LEAD; Pnorocnaruv. _For statistics of production consult (The Mineral Industry) and the (Mineral Resources of the United States) ; for metallurgy see ...

Google previewRoutledge Encyclopedia of International Political Economy (2002)

by R. J. Barry Jones

`Bimetallism' describes a monetary standard which, in theory, is founded on two commodities: silver and gold. Bimetallism features full legal tender and virtually free coinage for both metals, and full interconvertibility between gold, silver and ...

Google previewRoutledge Encyclopedia of International Political Economy: Entries A-F (2001)

by R. J. Barry Jones

'Bimetallism' describes a monetary standard which, in theory, is founded on two commodities: silver and gold. Bimetallism features full legal tender and virtually free coinage for both metals, and full interconvertibility between gold, silver and ...

Google previewThe Encyclopedia of the Industrial Revolution in World History (2014)

by Kenneth E. Hendrickson III

—Justin Corfield bimEtAllism In the nineteenth century, most economists and other scholars believed that it was due to natural law that currency should be based on precious metal for value and that it was a moral imperative to maintain such a ...

Google previewThe New International Encyclopaedia (1906)

Bimetallism proposes to eliminate in a large measure these evils, furnishing a more stable standard. Instability of the standard rests upon the fluctuations in the production of the metals. It is argued that by uniting in the monetary standard two ...

Google previewNelson's Encyclopaedia (1907)

Everybody's Book of Reference ...

Bimetallism. The monetary system of the great powers of the world (see Mos EY) is monometallic, ...

Google previewThe Encyclopaedia Britannica (1902)

A Dictionary of Arts, Sciences, and General Literature

Bimetallism has in recent years attracted more attention in the United States than anywhere else. Although gold had been adopted for some time as the standard of value, nevertheless in 1878 the Government of that country commenced a ...

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Photos about Bimetallism

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Small photo of Text of William Jennings Bryans Cross of Gold speech from the 1896 Democratic Convention. He supported bimetallism, calling for government currency of both gold and silver at a ratio of 1 oz. gold equSmall photo of bimetallism word in a dictionary. bimetallism concept. More...

Video about Bimetallism

Bimetallism Meaning

Video shows what bimetallism means. The use of a monetary standard based upon two different metals, traditionally gold and silver usually in a fixed ratio of ...

Scrabble value of B3I1M3E1T1A1L1L1I1S1M3

The value of this 11-letter word is 17 points, but it's not an accepted word in the Official Scrabble Players Dictionary.

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