a former U.S. paper currency issued by the federal government for circulation from 1865 to 1933, equal to and redeemable for gold to a stated value.
Origin of gold certificate
An Americanism dating back to 1860–65
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
noun (in the US)
a currency note issued exclusively to the Federal Reserve Banks by the US Treasury. It forms a claim on gold reserves deposited by the Federal Reserve Banks at the Treasury and is used to transfer interbank balances within the Federal Reserve System
Also called: gold note (formerly) a banknote issued by the US Treasury to the public and redeemable in gold
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