free gold

noun

1. treasury gold, including the legal reserve, not restricted to the redemption of gold certificates or other specific uses.
2. Mining. gold found in loose particles or nuggets, as in a placer mine.

free gold

noun

1. gold, uncombined with other minerals, found in a pure state
2. the excess of gold held by the Federal Reserve Banks over the legal reserve

Word History and Origins

Origin of free gold¹

First recorded in 1895–1900

Example Sentences

I'm going to take the kinks out of this Free Gold deal inside of forty-eight hours.

From Project Gutenberg

One and all they were consumed with curiosity for detailed inside information on the Free Gold squabble.

From Project Gutenberg

Free Gold would have been a splendid Stock Exchange possibility.

From Project Gutenberg

By the way, is there any truth in the statement that this Free Gold row has created trouble between you and your husband?

From Project Gutenberg

The McFarlane was rich in free gold, and miners by the score staked out their claims along it and began work.

From Project Gutenberg