|
 |
Investing Glossary:
Gold standard
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
- G -
| Term: |
|
| Definition: |
| 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.
|
|
|
|  |
|