silver standard

• Monetäres System, in dem der Wert der Währung eines Landes direkt an Silber gebunden ist und das historisch als Alternative zum Goldstandard diente. Wird auch metaphorisch für einen sekundären oder alternativen Maßstab für Qualität oder Wert verwendet.

A monetary system in which the value of a country's currency is directly linked to silver, historically used as an alternative to the gold standard. Also used metaphorically to refer to a secondary or alternative benchmark of quality or value.

1. C1formal

   A monetary system where the value of a country's currency is directly linked to silver, allowing currency to be exchanged for a fixed amount of silver.

   Silberstandard

   • The silver standard was widely used in the 19th century before the gold standard became dominant.
   • China historically operated on a silver standard for its currency.
   • The debate between the gold and silver standards was a major political issue in the late 1800s.

2. Figurative benchmarkC2informal

   A secondary or alternative benchmark or standard of quality, often used metaphorically to compare to a 'gold standard'.

   Silberstandard

   • While not the best, this method is considered the silver standard in the industry.
   • The silver standard for customer service is still quite high in this company.
   • His work is the silver standard for this type of research.