1The system, abandoned in the Depression of the 1930s, by which the value of a currency was defined in terms of gold, for which the currency could be exchanged.
Example sentencesExamples
The classic gold standard was a monetary regime constructed to preserve financial and economic stability.
An international financial system based on the gold standard emerged during the nineteenth century.
National currencies based on the gold standard were thought to be uniform, leading toward a global monetary standard.
Research in recent years has greatly revised our understanding of the origins of the classical gold standard.
The British thereby laid the basis for what was to become the world monetary system based on the gold standard and bank notes.
1.1A thing of superior quality which serves as a point of reference against which other things of its type may be compared.
breast milk provides the gold standard by which infant feeds are measured
母乳是最好的婴儿食品。
Example sentencesExamples
Despite their intriguing objectivity and precision, billing records do not provide a gold standard.
The evaluation of any diagnostic tool has to be done in comparison with a gold standard.
Once upon a time, Disney provided the gold standard in family entertainment, from animated fairytales to Mary Poppins.
This type of process may then be used as best practice, serving as a gold standard to be implemented in other facilities.
Rarely, pain scores are validated against other pain scoring systems, but we have no gold standard for comparison.
Definition of gold standard in US English:
gold standard
nounˈɡōld ˈˌstandərdˈɡoʊld ˈˌstændərd
1The system by which the value of a currency was defined in terms of gold, for which the currency could be exchanged. The gold standard was generally abandoned in the Depression of the 1930s.