Bimetallism - Dictionary Definition and Overview

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

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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