silver standard


Definition of silver standard

: a monetary standard under which the currency unit is defined by a stated quantity of silver

Examples of silver standard in a Sentence

Recent Examples on the Web From ancient times until 1971, the gold standard and its sister, the silver standard, were the norm. Steve H. Hanke, National Review, "Why the Knives Are Out for Trump’s Fed Critic Judy Shelton," 9 Sep. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'silver standard.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of silver standard

1719, in the meaning defined above

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The first known use of silver standard was in 1719

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Cite this Entry

“Silver standard.” Dictionary, Merriam-Webster, Accessed 25 Jan. 2021.

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