monometallism
NounOpen English WordNet
Noun (1)
- the use of only one metal (such as gold or silver) in the standard currency of a country, or as a standard of monetary value.“A smaller disagreement which takes place relating to metallism is whether one metal should be used as currency (as in monometallism), or should there be two or more metals for that purpose (as in bimetallism).”Type of standard, monetary standard
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Webster's Dictionary (1913)
Mon′o·met′al·lism noun
Origin: Mono- + metal.
The legalized use of one metal only, as gold, or silver, in the standard currency of a country, or as a standard of money values. See Bimetallism.
Webster’s Revised Unabridged Dictionary (1913), from GCIDE 0.54