a monetary standard or system using silver of specified weight and fineness to define the basic unit of currency.
Origin
1825-35, Americanism
Examples from the web for silver standard
In my view, the silver standard for this general approach to unilateral effects doctrine is predatory pricing.
If you wanted to know it for stress, you might look at cortisol as a silver standard for acute or chronic stress.
Each measure has gold and silver standard, awarded according to degree of compliance.
British Dictionary definitions for silver standard
silver standard
noun
1.
a monetary system in which the legal unit of currency is defined with reference to silver of a specified fineness and weight and sometimes (esp formerly) freely redeemable for it