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standard of value

NOUN
silver standard


Example Sentences

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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

We are sloppy about the standard by which we measure good and bad, our standard of value.

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

"Thus," he said, "over the whole area of the British Empire and over a very wide and important area of the world there has been established at once one uniform standard of value."

From Time Magazine Archive

One man considers money as a standard of value, and a nation grows richer or poorer, according to him, in proportion as its commodities of all kinds can380 exchange for more or less money.

From On The Principles of Political Economy, and Taxation by David Ricardo


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