symmetallismn.

/sɪmˈmɛtəlɪz(ə)m/

Forms: Also Symmetallism.

Etymology: < sym- prefix + -metallism (in bimetallism n.).

Economics.

A proposed monetary system based on the use of an amalgam of gold and silver as a standard (see quot. 1979).

ΘΚΠ

society > trade and finance > money > medium of exchange or currency > [noun] > currency systems and policies

decimal currency1824

bimetallism1876

monometallism1878

free silver1889

polymetallism1890

silverism1895

symmetallism1895

trimetallism1897

managed currency1898

single currency1900

compensated dollar1912

commodity dollar1918

soft currency1940

1895 F. Y. Edgeworth in Econ. Jrnl. 5 443 The arrangement that there should be a joint demand for gold and silver money might, perhaps, be called symmetallism, to distinguish it from the arrangement that there should be a composite supply which is called bimetallism.

1923 A. Marshall Money, Credit, & Commerce 64 Although coinage of gold and silver at a fixed ratio causes movements of prices to be governed chiefly by the production of gold and silver alternately, a plan can be devised which would make the two metals work together: it may be called Symmetallism.

1934 Sun (Baltimore) 24 May 10/2 It [sc. the President's proposal] does not involve either bimetallism or symmetalism [sic].

1979 Econ. Jrnl. 89 29 Consider now Marshall's..proposal for a ‘stable bimetallism’, which is usually called symmetallism. Under this system the central bank does not attempt to stabilise the price of either gold or silver separately, but rather pegs the price of a reserve unit that corresponds to a specified combination of the two metals.

Derivatives

symmeˈtallic adj.

ΘΚΠ

society > trade and finance > money > medium of exchange or currency > [adjective] > types of currency system

bimetallic1876

monometallic1877

silver1879

monometallist1886

trimetallic1887

bimetallistic1889

symmetallic1895

off-gold1935

single currency1952

1895 F. Y. Edgeworth in Econ. Jrnl. 5 444 Suppose England with India adopts one symmetallic ratio.

1980 Internat. Econ. Rev. XXI. 675 Under a symmetallic standard..the monetary authority does not set prices for individual commodities.

symˈmetallist n. an advocate of symmetallism (also attributive or as adj.).

ΘΚΠ

society > trade and finance > money > medium of exchange or currency > [noun] > currency systems and policies > supporters of

bullionist1828

monometallist1876

bimetallist1879

silverist1879

silverite1886

symmetallist1897

1897 Daily News 30 Nov. 4/6 [A man] may be a Symmetallist, and believe that standard coins should be made from a mixture of silver with gold.

1897 Daily News 30 Nov. 4/6 Whether a symmetallist coinage be possible or not, it is certain that we have a symmetallist Administration.

This entry has not yet been fully updated (first published 1933; most recently modified version published online December 2020).

单词	symmetallism
释义	symmetallismn. /sɪmˈmɛtəlɪz(ə)m/ Forms: Also Symmetallism. Etymology: < sym- prefix + -metallism (in bimetallism n.). Economics. A proposed monetary system based on the use of an amalgam of gold and silver as a standard (see quot. 1979). ΘΚΠ society > trade and finance > money > medium of exchange or currency > [noun] > currency systems and policies decimal currency1824 bimetallism1876 monometallism1878 free silver1889 polymetallism1890 silverism1895 symmetallism1895 trimetallism1897 managed currency1898 single currency1900 compensated dollar1912 commodity dollar1918 soft currency1940 1895 F. Y. Edgeworth in Econ. Jrnl. 5 443 The arrangement that there should be a joint demand for gold and silver money might, perhaps, be called symmetallism, to distinguish it from the arrangement that there should be a composite supply which is called bimetallism. 1923 A. Marshall Money, Credit, & Commerce 64 Although coinage of gold and silver at a fixed ratio causes movements of prices to be governed chiefly by the production of gold and silver alternately, a plan can be devised which would make the two metals work together: it may be called Symmetallism. 1934 Sun (Baltimore) 24 May 10/2 It [sc. the President's proposal] does not involve either bimetallism or symmetalism [sic]. 1979 Econ. Jrnl. 89 29 Consider now Marshall's..proposal for a ‘stable bimetallism’, which is usually called symmetallism. Under this system the central bank does not attempt to stabilise the price of either gold or silver separately, but rather pegs the price of a reserve unit that corresponds to a specified combination of the two metals. Derivatives symmeˈtallic adj. ΘΚΠ society > trade and finance > money > medium of exchange or currency > [adjective] > types of currency system bimetallic1876 monometallic1877 silver1879 monometallist1886 trimetallic1887 bimetallistic1889 symmetallic1895 off-gold1935 single currency1952 1895 F. Y. Edgeworth in Econ. Jrnl. 5 444 Suppose England with India adopts one symmetallic ratio. 1980 Internat. Econ. Rev. XXI. 675 Under a symmetallic standard..the monetary authority does not set prices for individual commodities. symˈmetallist n. an advocate of symmetallism (also attributive or as adj.). ΘΚΠ society > trade and finance > money > medium of exchange or currency > [noun] > currency systems and policies > supporters of bullionist1828 monometallist1876 bimetallist1879 silverist1879 silverite1886 symmetallist1897 1897 Daily News 30 Nov. 4/6 [A man] may be a Symmetallist, and believe that standard coins should be made from a mixture of silver with gold. 1897 Daily News 30 Nov. 4/6 Whether a symmetallist coinage be possible or not, it is certain that we have a symmetallist Administration. This entry has not yet been fully updated (first published 1933; most recently modified version published online December 2020). < n.1895
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