silver standard

• Sistema monetario en el que el valor de la moneda de un país está directamente vinculado a la plata, utilizado históricamente como alternativa al patrón oro. También se usa metafóricamente para designar un estándar secundario o alternativo de calidad o valor.

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.

   Patrón plata

   • 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'.

   Estándar de plata (figurativo)

   • 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.