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1. The use of only one metal (such as gold or silver) in the standard currency of a country, or as a standard of monetary value.
   "A smaller disagreement which takes place relating to metallism is whether one metal should be used as currency (as in monometallism), or should there be two or more metals for that purpose (as in bimetallism)."

Derived forms: monometallisms

Type of: monetary standard, standard

Encyclopedia: Monometallism