adjective
- of, relating to, or based on the use of two metals (especially gold and silver) as the standard of value in a monetary system
Usage: economics, history; often used in historical contexts referring to 19th-century monetary policy debates
Examples
- The bimetallistic standard allowed both gold and silver to serve as legal tender.
- Nineteenth-century economists debated the merits of a bimetallistic monetary system.
- The country abandoned its bimetallistic policy in favor of the gold standard.
- Bimetallistic coinage was common in many nations during the 1800s.
- Political campaigns in the late 1800s often centered on bimetallistic versus monometallic currency systems.