gold point
gold point noun: the values above and below the mint par of two monetary units on a shared metallic standard at which it became equally inexpensive to import or export gold or silver bullion instead of resolving trades through credit instruments such as bills of exchange.
Noun
gold point (plural gold points)
- The values above and below the mint par of two monetary units on a shared metallic standard at which it became equally inexpensive to import or export gold or silver bullion instead of resolving trades through credit instruments such as bills of exchange.
- The New York exchange has kept hovering at only a little above the gold point.1882 December 2, Peel City Guardian
- We find that the rates at which one currency will exchange for another fluctuate between two limits on each side of the Mint Par, marking the points at which it becomes more profitable to send or to receive gold rather than to send or receive a credit instrument. These theoretical limits are known...1925, Samuel Evelyn Thomas, chapter XXIX, in Elements of Economics, page 461
- Synonyms:
- specie point
- The melting point of gold, 1036°C.
gold point meaning in Tamil
gold point in Tamil
- தங்க உறைவெப்பநிலை
Synonyms of gold point
Forms of gold point
| plural | gold points |
|---|
Questions about gold point
- What does gold point mean?
- Gold point means the values above and below the mint par of two monetary units on a shared metallic standard at which it became equally inexpensive to import or export gold or silver bullion instead of resolving trades through credit instruments such as bills of exchange.
- What is gold point in Tamil?
- Gold point in Tamil is தங்க உறைவெப்பநிலை. See Gold point meaning in Tamil.
- What part of speech is gold point?
- Gold point is a noun.
- What is the plural of gold point?
- The plural of gold point is gold points.
Words near gold point in the dictionary
Source and license
Adapted from Wiktionary: gold point (page history and authors); gold point (Tamil Wiktionary) (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Pronunciation audio from Wikimedia Commons, each file under its own free license: LL-Q1860 (eng)-Flame, not lame-gold point.wav.
Cite this entry: “gold point.” Word.ws, https://word.ws/gold_point. Based on Wiktionary, CC BY-SA 4.0.