gold standard

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Noun gold standard has 2 senses

gold standard - a monetary standard under which the basic unit of currency is defined by a stated quantity of gold
--₁ is a kind of standard, monetary standard
gold standard - a paragon of excellence; "academic education is the gold standard against which other educational activity is pejoratively judged"
--₂ is a kind of paragon, idol, perfection, beau ideal