bimetallism(n = noun.possession) - a monetary standard under which the basic unit of currency is defined by stated amounts of two metals (usually gold and silver) with values set at a predetermined ratio;
is a kind of monetary standard, standard
Derived forms noun bimetallist1, adjective bimetallistic1
The legalized use of two metals (as gold and silver) in the currency of a country, at a fixed relative value; -- in opposition to monometallism. [1913 Webster]
" The words bimétallisme and monométallisme are due to M. Cernuschi [1869]." Littr'82. [1913 Webster]
bimetallism, n. a system of allowing the unrestricted currency of two metals (e.g. gold and silver) at a fixed ratio to each other, as coined money.
Derivative:
bimetallist n.