reserve currency
noun
any currency, as the U.S. dollar, used as a medium to settle international debts.
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Origin of reserve currency
First recorded in 1965–70
Words nearby reserve currency
reserve air, reserve bank, reserve buoyancy, reserve capacity, reserve clause, reserve currency, reserved, reserved list, reserved occupation, reserved power, reserved word
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for reserve currency
reserve currency
noun
foreign currency that is acceptable as a medium of international payments and that is therefore held in reserve by many countries
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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