BIMETALLISM
\ba͡ɪmˈɛtəlˌɪzəm], \baɪmˈɛtəlˌɪzəm], \b_aɪ_m_ˈɛ_t_ə_l_ˌɪ_z_ə_m]\
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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.
By Oddity Software
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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.
By Noah Webster.
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That system of coinage which recognizes coins of two metals, as silver and gold, as legal tender to any amount, or in other words, the concurrent use of coins of two metals as a circulating medium at a fixed relative value. "This coinage was superseded by the bimetallic (gold and silver) coinage of Croesus, and bimetallism was the rule in Asia down to Alexander's time in the fixed ratio of one to thirteen and a half between the two metals." - Academy.
By Daniel Lyons
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.