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standard of value

NOUN
silver standard


Example Sentences

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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

Not everyone holds human life as their standard of value, and people often argue that things are right or wrong for reasons other than the ways they benefit or harm human beings.

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 citizen does his part by producing and consuming, while the government ensures what economists call a stable standard of value -- a sound currency -- for the transactions of life.

From Time Magazine Archive

Trade is always carried on by barter; coconuts are the standard of value, and although dollars and rupees change hands, they are employed by the natives more as ornaments than mediums of exchange.

From In the Andamans and Nicobars The Narrative of a Cruise in the Schooner "Terrapin" by C. Boden Kloss


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