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Bimetallism - Dictionary Definition and Overview |
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Bimetallism : (noun) 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
Based on WordNet 2.0
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Bimetallism : \Bi*met"al*lism\, n. [F. bim['e]talisme.]
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.
Note: The words bim['e]tallisme and monom['e]tallisme are due
to M. Cernuschi [1869]. --Littr['e].
Based on WordNet (r) 2.0 (August 2003)
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