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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.

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

From Forbes ● Jan. 29, 2015

Many leading environmental thinkers, including those who predict fossil fuel catastrophe, hold as their standard of value what they call “pristine” nature or wilderness—nature unaltered by man.

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

Floating of the dollar, the currency that has served as the standard of value for all other non-Communist money, would represent the ultimate in flexibility.

From Time Magazine Archive

Assume that the standard of value is defined as a dollar, which is further defined as 23.22 grains of pure gold.

From The Value of Money by Benjamin M. Anderson


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