Words / B / Business

bimetallism

noun/baɪˈmetəlɪzəm/

C2CEFR level
95/100Rarity: very rare
TechnicalRegister

A monetary system in which currency is backed by both gold and silver at a fixed ratio.

Nineteenth-century debates over bimetallism split farmers from bankers.

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Economics