commodity dollar
noun
: a unit of a proposed form of currency whose gold value is arbitrarily determined by and whose nominal gold content is periodically adjusted to an index number reflecting market prices of basic commodities
called also compensated dollar
Dictionary Entries Near commodity dollar
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“Commodity dollar.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/commodity%20dollar. Accessed 26 Nov. 2024.
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