gold standard

noun

1
: a monetary standard under which the basic unit of currency is defined by a stated quantity of gold and which is usually characterized by the coinage and circulation of gold, unrestricted convertibility of other money into gold, and the free export and import of gold for settling of international obligations
2

Examples of gold standard in a Sentence

the gold standard for accurate experimental procedures is the double-blind medication trial
Recent Examples on the Web
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Crouton Jones is not only breaking barriers in Web3 but setting a gold standard for innovation in entertainment. Ethan Stone, USA TODAY, 5 Jan. 2025 The current gold standard for OSA treatment is positive airway pressure (PAP). Claire Bugos, Verywell Health, 23 Dec. 2024 First introduced in 1974 and named after a town in western Ireland, the Shannon stands as a benchmark of artisanal excellence—a gold standard for derbies and a testament to Church’s enduring craft. Michael Stefanov, Robb Report, 18 Dec. 2024 For many years, NASCAR’s ‘Golden Boy’ was also its gold standard, a fact that eventually led him to the sport’s pinnacle, a rightful place in the NASCAR Hall of Fame. Bruce Martin, Forbes, 18 Dec. 2024 See all Example Sentences for gold standard 

Word History

First Known Use

1811, in the meaning defined at sense 1

Time Traveler
The first known use of gold standard was in 1811

Dictionary Entries Near gold standard

Cite this Entry

“Gold standard.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gold%20standard. Accessed 18 Jan. 2025.

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