Liberal Dictionary English Dictionary
gold-exchange standard [gohld-iks-cheynj] noun
- a monetary system in one country in which currency is maintained at a par with that of another country that is on the gold standard.
British Dictionary definitions for gold-exchange standard gold-exchange standard noun
- a monetary system by which one country’s currency, which is not itself based on the gold standard, is kept at a par with another currency that is based on the gold standard