'Bimetallism' definitions:
Definition of 'bimetallism'
(from WordNet)
noun
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
Definition of 'Bimetallism'
From: GCIDE
- 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. [1913 Webster]
- Note: The words bim['e]tallisme and monom['e]tallisme are due to M. Cernuschi [1869]. --Littr['e]. [1913 Webster]