Meaning Of The Word Gold reserve
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 |
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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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