gold reserve









gold reserve


gold reserve Word Origin noun

  1. the stock of gold held by a government or central bank to back its promissory notes or currency or to settle its international debts.

Origin of gold reserve An Americanism dating back to 1865–70 British Dictionary definitions for gold reserve gold reserve noun

  1. the gold reserved by a central bank to support domestic credit expansion, to cover balance of payments deficits, and to protect currency
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