单词 | gold points |
释义 | > as lemmasgold points gold point n. now historical the point in the value of exchange rates under the gold standard at which it becomes profitable to ship gold from one country to another; usually in plural, as gold points (see quot. 1925). ΘΚΠ society > trade and finance > money > value of money > [noun] > relative value of different currencies > limits of fluctuation gold point1882 society > trade and finance > financial dealings > types of money-dealing > [noun] > money-changing > rate of exchange > rate advisable for export specie point1861 gold point1882 1882 Peel (Isle of Man) City Guardian 2 Dec. The New York exchange has kept hovering at only a little above the gold point. 1925 S. E. Thomas Elem. Econ. xxix. 461 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. 1930 J. M. Keynes Treat. Money II. 320 The degree of separation of the gold points is a vital factor in the problem of managing a country's currency. 2016 Financial Express (Bangladesh) (Nexis) 29 Aug. Western foreign exchange transactions took place within the narrow margins of the gold points. < as lemmas |
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