gold reserve


noun

the stock of gold held by a government or central bank to back its promissory notes or currency or to settle its international debts.

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Origin of gold reserve

An Americanism dating back to 1865–70
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for gold reserve

gold reserve

noun

the gold reserved by a central bank to support domestic credit expansion, to cover balance of payments deficits, and to protect currency
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