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gold certificate

noun

  1. a former U.S. paper currency issued by the federal government for circulation from 1865 to 1933, equal to and redeemable for gold to a stated value.


gold certificate

noun

  1. a currency note issued exclusively to the Federal Reserve Banks by the US Treasury. It forms a claim on gold reserves deposited by the Federal Reserve Banks at the Treasury and is used to transfer interbank balances within the Federal Reserve System
  2. Also calledgold note (formerly) a banknote issued by the US Treasury to the public and redeemable in gold
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of gold certificate1

An Americanism dating back to 1860–65
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Example Sentences

The investigation, led by the New Jersey State Police and splashed across front pages worldwide, raged on until September 1934, when a $10 gold certificate from the ransom payment was used to buy gasoline in New York.

The man gave him a $10 gold certificate.

From Time

A silver certificate for $1,000 weighs no more than a gold certificate for the same amount.

The lawyer opened the interview by handing Barlow a new twenty-dollar gold certificate, which the lout took eagerly with an idiotic grin, before he even inquired what it was for, and Logan knew he had him.

One at a time, please," says I. "The amount o' the cash transaction was a twenty-dollar gold certificate.

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