Definition

• The monetary base of nation's coinage. An officially established size and fineness of the coins that were used and the value of the precious metals that supported the coinage. A plan for handling a nation's money, which in past centuries included backing the coins with gold or silver, and insuring that a revaluation of coins was minimized.

Quelle

• Numiscadero Spanish to English Glossary (Gary Beals)

Beziehungen