Krugerrand

[ kroo-guh-rand, -rahnd ]
/ ˈkru gəˌrænd, -ˌrɑnd /

noun

(sometimes lowercase) a one-ounce gold coin of the Republic of South Africa, equal to 25 rand: first issued in 1967.

Origin of Krugerrand

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for krugerrand

Krugerrand

/ (ˈkruːɡəˌrænd) /

noun

a South African coin used for investment only and containing 1 troy ounce of gold

Word Origin for Krugerrand

C20: from S. J. P. Kruger + rand 1
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

Word Origin and History for krugerrand

Krugerrand


n.

also Kruger rand, 1967, South African gold coin (issued for investment purposes) bearing a portrait of Transvaal President Stephanus Johannes Paulus Kruger (1825-1904); second element is rand, unit of decimal currency introduced in Republic of South Africa 1961, named for The Rand, gold-mining area in Transvaal, short for Witwatersrand (see rand).

Online Etymology Dictionary, © 2010 Douglas Harper