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A test or measure of comparison that is considered ultimate or ideal.

The OED is the gold standard for English dictionaries. Everyone wants to see how their version measures up to that ideal.

Additional definitions for 'gold standard':

gold standardA monetary system where the value of circulating money is linked to the value of gold.
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"gold standard." Phrases.net. STANDS4 LLC, 2017. Web. 17 Dec. 2017. <http://www.phrases.net/phrase/gold-standard_4136>.

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