Gold standard

A Monetary system that backs its Currency with a reserve of gold, and allows Currency holders to convert their Currency into gold. The U.S. went off the Gold standard in 1971.

Related Terms: 8 Currency, Gold standard, Heir, ITS, Low, Lows, Monetary, Net

Other Related Pages: Category: Currency Starting With: G

Additional Related Terms: 10-K, 52-week low, 12b-1 funds, Accelerated Cost Recovery System, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call