Hello, you have come here looking for the meaning of the word
gold point. In DICTIOUS you will not only get to know all the dictionary meanings for the word
gold point, but we will also tell you about its etymology, its characteristics and you will know how to say
gold point in singular and plural. Everything you need to know about the word
gold point you have here. The definition of the word
gold point will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
gold point, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Pronunciation
Noun
gold point (plural gold points)
- (historical finance) The values above and below the mint par of two monetary units on a shared metallic standard at which it became equally cheap to import or export gold or silver bullion instead of resolving trades through credit instruments such as bills of exchange.
1882 December 2, Peel City Guardian:The New York exchange has kept hovering at only a little above the gold point.
1925, Samuel Evelyn Thomas, chapter XXIX, in Elements of Economics, page 461: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 as the gold points.
- (physical chemistry) 1036°C, the melting point of gold.
Synonyms
Hyponyms
References
- "gold point, n.", in the Oxford English Dictionary, Oxford: Oxford University Press.
- "gold point" in the Random House Dictionary (2017).