Definition of bimetallism in English:

bimetallism

noun

mass nounhistorical
  • A system of allowing the unrestricted currency of two metals (e.g. gold and silver) as legal tender at a fixed ratio to each other.

    • ‘Ireland's letter ritually attacked the Democracy's support of bimetallism.’
    • ‘Without context, what he writes on bimetallism is worthless.’
    • ‘Much is made of the collapse of bimetallism and its deleterious implications for countries on a silver standard.’
    • ‘In the words of his biographer Stephen Kantrowitz, Tillman regarded bimetallism as a ‘bridge between disaffected producers in the Democratic South and their brethren in the Republican West.’’
    • ‘The United States repealed the Sherman Act and bimetallism was dead.’
    • ‘Although generally conservative, Walker was capable of intellectual courage: he favored international bimetallism despite adverse attitudes in his home state of Massachusetts and in his profession.’
    • ‘Whole elections would turn on the questions about gold, silver, bimetallism, and the central bank.’
    • ‘Too little time is spent exploring the real benefits from the gold standard, and the author precipitously blames bimetallism's failure on the incompetence of the movement's leaders.’
    • ‘The raison d' être of bimetallism had been removed and England was on the gold standard.’
    • ‘Certainly no one is still alive who witnessed the founding of this country with acceptance of bimetallism - gold and silver - and government involvement only to assure honest weights and measures.’
    • ‘By this, of course I do not mean bimetallism, with its arbitrarily fixed exchange rate between gold and silver, but freely fluctuating exchange rates between the two moneys.’
    • ‘Duckenfield observes England's movement from bimetallism to a de facto gold standard in 1717.’
    • ‘There is going to have to be rather a lot of financial information in there, elucidations of first principles, plausible and sufficient accounts of political wranglings over bimetallism and the Gold Standard.’
    • ‘But remember, bimetallism under a fixed standard is not necessarily a completely free system.’
    • ‘At the time of the great recoinage of 1696 bimetallism was still the basis of the British currency, silver and gold providing the mainstay.’
    • ‘Any world-currency system short of actual bimetallism or trimetallism requires a breakdown of borders and sovereignty.’
    • ‘This is useful advice - don't waste your time worrying about gold or bimetallism.’
    • ‘Reading it as a pro-populist metaphor for the economic effect of bimetallism and the expansion of the nation's money supply along with the empowerment of western farmers and industrial laborers seems apparent enough.’

Pronunciation

bimetallism

/bʌɪˈmɛt(ə)lɪz(ə)m/