gold point

American  

noun

1. the point at which it is equally expensive to buy, sell, export, import, or exchange gold in adjustment of foreign claims or counterclaims.

2. the melting point of gold, equal to 1036°C and used as a fixed point on the international temperature scale.

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gold point British  

noun

1. Also called: specie point.  finance either of two exchange rates (the gold export point and the gold import point ) at which it is as cheap to settle international accounts by exporting or importing gold bullion as by selling or buying bills of exchange

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Etymology

Origin of gold point

First recorded in 1880–85

Example Sentences

Added another: “It took me about a year of hearing ‘ya gotta go to Gold Point’ before I actually went.

From Los Angeles Times

He arrived in Gold Point in 1973, when there weren’t many more folks around than there are now.

From Los Angeles Times

He soon joined up with his brother, Chuck Kremin, and house painter Herb Robbins, to start buying buildings around the old silver-mining town, which was originally settled in the 1880s and first called Lime Point and then Horn Silver before folks settled on Gold Point.

From Los Angeles Times

His sadness, his wandering and mysterious life, his authority of voice and bearing, that fatal gift of his for turning everything he touches into gold, point to some symbolical intention in the author’s mind, and to a third subject.

From Project Gutenberg

And then it waves its aristocratic gold point in a way that completely settles the matter.

From Project Gutenberg