A system by which the value of a currency is defined in terms of silver, for which the currency may be exchanged.
〈史〉（货币）银本位
Example sentencesExamples
Of course, uniformity could have been realized by returning to the silver standard and bona fide specie payments, and reducing the currency, but there were few who mentioned this option.
India was forced to remain on the silver standard.
From 1789-1834, the country was on a de facto silver standard, from 1834-1861 a gold standard.
Thus the United States was on a silver standard, but it was also on a bimetallic system of coinage, that included gold to be circulated at a ‘fixed’ exchange rate to the silver standard.
It had been on a silver standard since time immemorial before the Communists overran the mainland.
Definition of silver standard in US English:
silver standard
noun
historical
A system by which the value of a currency is defined in terms of silver, for which the currency may be exchanged.
〈史〉（货币）银本位
Compare with gold standard
Example sentencesExamples
India was forced to remain on the silver standard.
Thus the United States was on a silver standard, but it was also on a bimetallic system of coinage, that included gold to be circulated at a ‘fixed’ exchange rate to the silver standard.
It had been on a silver standard since time immemorial before the Communists overran the mainland.
From 1789-1834, the country was on a de facto silver standard, from 1834-1861 a gold standard.
Of course, uniformity could have been realized by returning to the silver standard and bona fide specie payments, and reducing the currency, but there were few who mentioned this option.