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Bimetallistic (Adjective)

Meaning

Pertaining to a monetary system based on two metals; "in a bimetallistic system both gold and silver can constitute legal tender".

Classification

Relational adjectives (pertainyms).

Examples

  • The bimetallistic system adopted by the country allowed for the free exchange of gold and silver coins, facilitating international trade.
  • Historians have long debated the merits of a bimetallistic standard, arguing that it can lead to economic instability and fluctuating currency values.
  • The country's bimetallistic monetary policy was eventually abandoned in favor of a gold standard, which provided greater stability and consistency.
  • In a bimetallistic system, the relative values of the two metals can fluctuate, leading to economic uncertainty and speculation.
  • The bimetallistic system used in ancient Greece allowed for the coexistence of gold and silver coins, which were used for different types of transactions.

Synonyms

  • Bimetallic

Related Words

  • Bimetallism (noun)
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