free gold
noun
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.
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Nearby words
Origin of free gold
First recorded in 1895–1900
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for free gold
free gold
noun
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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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