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gold reserve

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.


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
“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 reserve1

An Americanism dating back to 1865–70

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