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monetary standard vs gold standard

gold standard vs monetary standard

monetary standard and gold standard both are nouns.

Word NounAdjectiveVerbAdverb
monetary standard Yes No No No
gold standard Yes No No No
As nouns, gold standard is a hyponym of monetary standard; that is, gold standard is a word with a more specific, narrower meaning than monetary standard:
  • monetary standard: the value behind the money in a monetary system
  • gold standard: a monetary standard under which the basic unit of currency is defined by a stated quantity of gold
Other hyponyms of monetary standard include silver standard, bimetallism, monometallism.
monetary standard (noun) gold standard (noun)
the value behind the money in a monetary system a paragon of excellence
a monetary standard under which the basic unit of currency is defined by a stated quantity of gold
Difference between monetary standard and gold standard

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