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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What Bizarre Error Gave California Its Name?When the Spanish first began exploring the Pacific Coast of North America, they mistakenly believed that California was an island. (Some of the earliest and most fascinating maps of the state depict it as separated from the mainland.) This is considered one of the greatest, albeit short-lived, cartographic errors. Early mapmakers began labeling the “island” as California, the name of a mythical island in a book …
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
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 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012