monetary standard

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Definitions from WordNet

Noun monetary standard has 1 sense

standard, monetary standard - the value behind the money in a monetary system
--₁ is a kind of value
--₁ has particulars: gold standard; silver standard; bimetallism

Definitions from the Web

Monetary Standard

Definition: Monetary standard refers to a defined set of principles or rules used by a country to establish and regulate its currency and the value of money in relation to other nations.

Examples:

Under the gold standard, gold was used as the monetary standard, determining the value of currencies worldwide.
The United States adopted the dollar as its monetary standard, which helped stabilize its economy and encouraged international trade.
Inflation caused a shift from the silver standard to a fiat monetary standard in many countries.

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Books on Monetary Standards

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