gold certificate
Americannoun
noun
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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
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Also called: gold note. (formerly) a banknote issued by the US Treasury to the public and redeemable in gold
Etymology
Origin of gold certificate
An Americanism dating back to 1860–65
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
A detective tapped him for weapons, found a "hot" $20 gold certificate.
From Time Magazine Archive
The process in which this and other Federal Reserve Banks have been engaged is the substitution, as a circulating medium, of a note which is elastic in quality for the inelastic gold certificate.
From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur
The use of the gold certificate saves the loss of the gold that comes through abrasion when handled.
From Business Hints for Men and Women by Calhoun, Alfred Rochefort
One at a time, please," says I. "The amount o' the cash transaction was a twenty-dollar gold certificate.
From Gullible's Travels, Etc. by Lardner, Ring
He paused and withdrew from his pocket a small tin box, and opening it, disclosed a handful of ashes and the half of a United States gold certificate for ten thousand dollars.
From The Challenge of the North by Hendryx, James B. (James Beardsley)
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
