gold standard - Meaning in Tamil
gold standard - Meaning in Tamil
noun
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Definitions and Meaning of gold standard in English
gold standard noun
- a paragon of excellence
Example
- "academic education is the gold standard against which other educational activity is pejoratively judged"
- a monetary standard under which the basic unit of currency is defined by a stated quantity of gold
Description
A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves.
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What is gold standard meaning in Tamil?
The word or phrase gold standard refers to a paragon of excellence, or a monetary standard under which the basic unit of currency is defined by a stated quantity of gold. See gold standard meaning in Tamil, gold standard definition, translation and meaning of gold standard in Tamil. Learn and practice the pronunciation of gold standard. Find the answer of what is the meaning of gold standard in Tamil.
Other languages: gold standard meaning in Hindi
Tags for the entry "gold standard"
What is gold standard meaning in Tamil, gold standard translation in Tamil, gold standard definition, pronunciations and examples of gold standard in Tamil.
- a paragon of excellence