monometallism
/mon-uh-met-l-iz-uhm/US // ˌmɒn əˈmɛt lˌɪz əm //UK // (ˌmɒnəʊˈmɛtəˌlɪzəm) //
单金属主义,单金属化,单金属学,单金属性
Definitions
n.名词 noun
- 1
- : the use of one metal only, as gold or silver, as a monetary standard.
- : the doctrine or actions supporting such a standard.
Examples
Her statesmen believed the geologists rather than the panic-stricken financiers, and so she held for gold monometallism.
She paid it with a rapidity that amazed the world, but in her hour of weakness she consented to gold monometallism.
Finance was on the carpet in that hour, and bimetallism and monometallism, silver versus gold, were in everyone's mouth.
In such a case there is bimetallism de jure, but monometallism de facto.
Thus Japan ultimately drifted into silver monometallism, the silver yen becoming her unit of currency.
Level 4Browse all words →