bimetallism

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Definitions from WordNet

Noun bimetallism has 1 sense

bimetallism - a monetary standard under which the basic unit of currency is defined by stated amounts of two metals (usually gold and silver) with values set at a predetermined ratio
--₁ is a kind of standard, monetary standard

Definitions from the Web

Bimetallism

Definition:

Bimetallism is an economic system in which the currency is backed by two metals, typically gold and silver, enabling the use of either metal as legal tender.

Examples and Usages:

Noun:

Advocates of bimetallism argue that it provides stability to the economy.
The country abandoned the bimetallism standard, switching to a gold standard.

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