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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You may have read the word "simmer" in a recipe or two, but what does it really mean?
Origin of gold reserve
An Americanism dating back to 1865–70
Words nearby gold reserve
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for gold reserve
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