gold bullion standard

noun

A monetary system under which the coinage and circulation of gold are usually prohibited, but the shipment of gold in international transactions is permitted, and a gold bullion reserve is maintained to support the currency.

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Meanings

noungold bullion standard (plural gold bullion standards)

plural gold bullion standards

  1. bankingA monetary system under which the coinage and circulation of gold are usually prohibited, but the shipment of gold in international transactions is permitted, and a gold bullion reserve is maintained to support the currency.
Cite this entry
APA

gold bullion standard. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/gold%20bullion%20standard

MLA

“gold bullion standard.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/gold%20bullion%20standard. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “gold bullion standard,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/gold%20bullion%20standard.

Source: gold bullion standard on Wiktionary, CC BY-SA 4.0.