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standard of value

NOUN
silver standard


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

We are sloppy about the standard by which we measure good and bad, our standard of value.

From Forbes • Jan. 29, 2015

Many leading environmental thinkers, including those who predict fossil fuel catastrophe, hold as their standard of value what they call “pristine” nature or wilderness—nature unaltered by man.

From Forbes • Jan. 29, 2015

“Its life is the standard of value directing its actions,” Rand wrote, “it acts automatically to further its life and cannot act for its own destruction.”

From Scientific American • Oct. 5, 2012

Hermann Abs, former head of West Germany's Deutsche Bank, says that "the fluctuations of the gold market preclude the establishment of gold as a standard of value."

From Time Magazine Archive

Trade is always carried on by barter; coconuts are the standard of value, and although dollars and rupees change hands, they are employed by the natives more as ornaments than mediums of exchange.

From In the Andamans and Nicobars The Narrative of a Cruise in the Schooner "Terrapin" by Kloss, C. Boden




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