Gold standard


 

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Gold standard

A monetary system in which both the value of a unit of the currency and the quantity of it in circulation are specified in terms of gold. If two currencies are both on the gold standard, then the exchange rate between them is approximately determined by their two prices in terms of gold.

Gold standard

An international monetary system in which currencies are defined in terms of their gold content, and payment imbalances between countries are settled in gold. It was in effect from about 1870 to 1914.



Gold standard

Similar Matches

Standard

Standard

Rule and/or procedure specifying characteristics that must be met for a product to be sold in a country's domestic market, typically to protect health and safety. When a standard puts foreign producers at a disadvantage, it may constitute an NTB.


Standardized normal distribution

Standardized normal distribution

A normal distribution with a mean of 0 and a standard deviation of 1.


Standard Industrial Classification (SIC)

Standard Industrial Classification (SIC)

A code system that designates a unique business activity classified by industry.


Labor standards argument for protection

Labor standards argument for protection

The view that trade restrictions (trade sanctions) should be used as a tool to improve labor standards, limiting imports, for example, from countries that do not enforce such labor rights as freedom of association and collective bargaining.


Cat standard

Cat standard

Cat standards signify that a financial product meets certain standards on Charges, Access and Terms. The standards vary according to the product:Stocks and share ISAsNo initial or exit charge; minimum investment not more than £500 lump sum, or £50 per month; at least 50% invested in EU-quoted stocksCash ISAsNo charges; minimum transaction no greater than £10; withdrawals no later than seven days; no penalties; interest rate no lower than 2 per cent below basic bank rates; rises on the back of basic rate increases must occur within one monthInsurance ISAsMaximum charges of 3 per cent per year; premium no higher than £250 lump sum of £25 monthly; surrender values of at least asset value; after three years, surrender values must be no lower than total premiumsThe fact that a financial product offered by an institution has a CAT mark is not a guarantee of its performance or a recommendation by the government. It simply indicates that it satisfied the objective criteria.Equally the absence of a CAT mark does not mean it should be avoided. Some of the best-performing ISAs do not have CAT marks


Further Suggestions

Statement of Financial Accounting Standards No 8
Standardized value
Gold exchange standard
International Standards Organization
Standard & Poors SmallCap 600 Index
Accounting Standards Board
International Organization for Standardization
Standard variable rate
Standard and Poor's 500 Index
Standard payment calculation
Standard & Poors MidCap 400 Index
Credit Standards
Standard Variable Rate
Dollar standard
Standard and Poor's Composite Index (S&P 500)
Labor standards argument for protection
Standard error
standard deviation
Robots Exclusion Standard
Standard deviation
Financial Accounting Standards Board (FASB)
AIMR Performance Presentation Standards Implementation Committee
Silver standard
CAT standard
Standard deduction


 
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