- the stock of gold held by a government or central bank to back its promissory notes or currency or to settle its international debts.
Origin of gold reserve
An Americanism dating back to 1865–70
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
- the gold reserved by a central bank to support domestic credit expansion, to cover balance of payments deficits, and to protect currency