monetary standard

Found in Anh - Anh (Wordnet)

Definition Noun : * The value behind the money in a monetary system : A monetary standard is the system or basis that defines the value of a currency. It is what gives money its worth and ensures its stability and acceptability within an economy. Usage The term "monetary standard" is used to discuss the foundational rules and assets that back a nation's currency. It is a formal, economic term....