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Meaning of BIMETALLISM

Pronunciation:  bI'met`lizum

WordNet Dictionary
 
 Definition: [n]  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
 
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 See Also: monetary standard, standard

 

 

Webster's 1913 Dictionary
 
 Definition: 
\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].
 

 

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