Bimetallism :
bimetallism
English Meaning :
(Noun : A monetary standard under which the basic unit of currency is defined by stated amounts of two metals (usually gold and silver)
(Noun : A monetary standard under which the basic unit of currency is defined by stated amounts of two metals (usually gold and silver)
Example : At the time of the great recoinage of 1696 bimetallism was still the basis of the British currency, silver and gold providing the mainstay.
At the time of the great recoinage of 1696 bimetallism was still the basis of the British currency, silver and gold providing the mainstay.