gold standard
Definition of gold standard
1 : a monetary standard under which the basic unit of currency is defined by a stated quantity of gold and which is usually characterized by the coinage and circulation of gold, unrestricted convertibility of other money into gold, and the free export and import of gold for settling of international obligations
2 : benchmark 2b
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Examples of gold standard in a sentence
<the gold standard for accurate experimental procedures is the double-blind medication trial>
1831
First Known Use of gold standard
1831
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Thesaurus: All synonyms and antonyms for gold standard Britannica.com: Encyclopedia article about gold standard
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