gold reserve

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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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His boss, whom he admires, is waiting to meet with him about the big project.

His boss, who he admires, is waiting to meet with him about the big project.

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Origin of gold reserve

An Americanism dating back to 1865–70

Words nearby gold reserve

Goldovsky, gold plate, gold-plating, gold point, gold record, gold reserve, gold rush, gold rush, California, Goldsboro, Goldschmidt, goldsinny

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use gold reserve in a sentence

Thus, with the paper credit—and even with the gold reserve of which Germany has boasted, the pedestal is but paper.
Raemaekers' Cartoons|Louis Raemaekers
Under the law, the Federal Reserve banks are supposed to hold a gold reserve of 40% to secure our currency.
The Book of Life: Vol. I Mind and Body; Vol. II Love and Society|Upton Sinclair
In order to resist raids on the German gold reserve a policy of note issuing was adopted.
Harper's Pictorial Library of the World War, Volume XII|Various
The deficit in the treasury made it inevitable that the gold reserve should be used to meet current expenses.
Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 5|Various

In an inner recess, guarded by second-locked doors, the gold reserve was kept.
The Rider of Waroona|Firth Scott

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