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单词 specie point
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specie point
specie point n. = gold point n. at gold n.1 and adj. Compounds 1e.
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society > trade and finance > financial dealings > types of money-dealing > [noun] > money-changing > rate of exchange > rate advisable for export
specie point1861
gold point1882
1861 G. J. Goschen Theory Foreign Exchanges iv. 50 There would have existed a certain competition..to buy at a heavy discount, much below specie point, in order subsequently to realize at least the specie value.
1891 G. Clare Money-market Primer 78 The price of bills is now said to have reached ‘Specie Point’ and can go no higher... ‘Specie Point’..is the rate of exchange produced by buying gold in one country, and selling it in another.
1897 J. S. Nicholson Polit. Econ. II. 279 Accordingly, the price of bills cannot rise above the point at which it would be just as cheap to send the gold itself. This is the specie point or, more precisely, the gold-export point from England into France.
1920 J. W. Kuhrt Counting-house Dict. 129 The limits to such fluctuations are set by what are known as the gold (or specie) points.
1966 A. Gilpin Dict. Econ. Terms 190 Specie points or Gold points, the extreme points of variation in a rate of exchange under the gold standard.
extracted from specien.
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