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standard of value

NOUN
silver standard


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

It is holding human nonimpact as one’s standard of value, without regard for human life and happiness.

From Forbes • Jan. 29, 2015

On a human standard of value, the answer is absolutely yes.

From Forbes • Jan. 29, 2015

“Its life is the standard of value directing its actions,” Rand wrote, “it acts automatically to further its life and cannot act for its own destruction.”

From Scientific American • Oct. 5, 2012

"The price of your house was your standard of value in the 1970s," says Kathryn Eickhoff, president of her own economics-research firm in New York.

From Time Magazine Archive

The case illustrative of the commodity theory clearly brings out the fact that that theory rests on exclusive attention to the standard of value function of money.

From The Value of Money by Anderson, Benjamin M.