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2017 Word of the Year

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.
Origin of gold reserve
1865-1870
An Americanism dating back to 1865-70
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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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
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 Value for gold

6
8
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