gold standard

• Bezeichnung für den besten, zuverlässigsten oder hochwertigsten Maßstab oder Vergleichsstandard für etwas; ursprünglich ein Währungssystem, bei dem der Wert einer Währung direkt an Gold gebunden war.

A term referring to the best, most reliable, or highest quality example of something against which others are measured; originally a monetary system where currency value was directly linked to gold.

1. B2formal

   A monetary system where a country's currency value is directly linked to gold.

   Goldstandard

   • Many countries abandoned the gold standard in the 20th century.
   • The gold standard was used to stabilize currency values.
   • Economists debate the pros and cons of returning to the gold standard.

2. Best or most reliable exampleB2informal

   The highest standard of quality or excellence against which others are measured.

   Goldstandard

   • This hospital is considered the gold standard for cardiac care.
   • Her research paper set the gold standard for future studies.
   • The new smartphone is the gold standard in its price range.