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bimetallistic

bimetallistic

9.9
Relating to a money system that uses two metals, usually gold and silver
  • adjective
  • /ˌbaɪˌmɛtəlˈɪstɪk/
  • Specialized
translation icon : bimetalista
  • France operated under a bimetallistic system, using both silver and gold coins as legal tender.

Examples

  • The late 19th-century debate over adopting a bimetallistic standard shaped U.S. monetary policy for decades.

  • The bimetallistic standard was used in many countries during the 19th century.

  • Economists studied the effects of bimetallistic currency systems on price stability and international trade.

  • A bimetallistic system can provide stability in currency values.

  • France operated under a bimetallistic system, using both silver and gold coins as legal tender.

  • Economists studied the effects of bimetallistic currency systems on price stability and international trade.

  • The late 19th-century debate over adopting a bimetallistic standard shaped U.S. monetary policy for decades.

Synonyms

bimetallic
vsbimetallistic
  • Specialized
1 8.6

A money system that uses two metals, usually gold and silver, at a fixed ratio

focuses on the unit of account being based on two metals' value

Surface Forms

bimetallistic positive

Morphology

bimetallistic = bimetallism (semi-transparent) = bi + metal + istic

Formed by adding the adjectival suffix '-istic' to the noun 'bimetallism'; the formation is regular but the specific monetary concept is specialized and not obvious from 'bi' + 'metal' alone.

Etymology

The word bimetallistic comes from bi- meaning 'two' and metal meaning 'metal', so it literally means 'two-metal'. Think of bicycle ('two-wheel') to remember that bimetallistic describes a money system that uses two metals, usually gold and silver.