THEORY OF BIMETALLISM
\θˈi͡əɹi ɒv ba͡ɪmˈɛtəlˌɪzəm], \θˈiəɹi ɒv baɪmˈɛtəlˌɪzəm], \θ_ˈiə_ɹ_i_ ɒ_v b_aɪ_m_ˈɛ_t_ə_l_ˌɪ_z_ə_m]\
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The theory that the national, and if possible international, standard of value should be not that of silver only or of gold only, but a mixed standard of gold and silver, the relative value of the metals being determined; and this probably being 15½: I, " which has been maintained for nearly the whole of the present century by the French bimetallic arrangement " (Nineteenth Century, June, 1881).
By Henry Percy Smith
Word of the day
basidiomycota
- comprises fungi bearing the spores on basidium: Gasteromycetes (puffballs); Tiliomycetes (comprising orders Ustilaginales (smuts) and Uredinales (rusts)); Hymenomycetes (mushrooms; toadstools; agarics; bracket fungi); in some classification systems considered a division of kingdom comprises fungi bearing spores on a basidium; includes Gasteromycetes (puffballs) Tiliomycetes comprising the orders Ustilaginales (smuts) and Uredinales (rusts) Hymenomycetes (mushrooms, toadstools, agarics bracket fungi).