- treasury gold, including the legal reserve, not restricted to the redemption of gold certificates or other specific uses.
- Mining. gold found in loose particles or nuggets, as in a placer mine.
Origin of free gold
First recorded in 1895–1900
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
- gold, uncombined with other minerals, found in a pure state
- US the excess of gold held by the Federal Reserve Banks over the legal reserve