Gold Reserve Definition

noun
The gold held by the government of a country, specif., when used, as formerly in the U.S., to secure its currency, support credit expansion, make payments to foreign governments, etc.
Webster's New World

Gold Reserve Sentence Examples

  • The gold reserve in the possession of the Banca dItalia on September 30th 1907 amounted to 32,240,984, and the silver reserve to 4,767,861; the foreign treasury bonds, &c. amounted to 3,324,074, making the total reserve 40,332,919; while the circulation amounted to 54,612,234.

  • The deficit in the treasury made it inevitable that the gold reserve should be used to meet current expenses.

  • On July 23 1914 the gold reserve of the Austro-Hungarian Bank amounted to 1,238 millions of kronen, its silver to 291 millions.

Related Articles

Find Similar Words

Find similar words to gold reserve using the buttons below.

Words Starting With

GGOGOL

Words Ending With

EVERVE

Unscrambles

gold reserve

Words Starting With G and Ending With E

Starts With G & Ends With EStarts With GO & Ends With EStarts With G & Ends With VE

Word Length

12 Letter Words12 Letter Words Starting With G12 Letter Words Ending With E