Meaning Of The Word Gold reserve

Real Dictionary

What's the definition of Gold reserve? Find Gold reserve meanings, definitions and more at the Real Dictionary online.

Gold reserve Meaning

Gold reserve Definition
Gold reserve Definition

What's The Definition Of Gold reserve?

gold reserve in American English
the gold held by the government of a country, specif., when used, as formerly in the U.S., to secure its currency, support credit expansion, make payments to foreign governments, etc.
noun: 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 in British English
noun: 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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