˜yÐÄvlog

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gold reserve

noun

  1. the stock of gold held by a government or central bank to back its promissory notes or currency or to settle its international debts.


gold reserve

noun

  1. 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
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˜yÐÄvlog History and Origins

Origin of gold reserve1

An Americanism dating back to 1865–70
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Example Sentences

Examples have not been reviewed.

The U.S. announcement to block gold transactions was done alongside Group of Seven and European Union allies that will also impose the gold reserve ban.

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Venezuela has the sixth largest natural gold reserve in the world, with around 7,000 tonnes.

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China, famous for its opaque and misleading statistical reporting, only updates its gold reserve numbers every so often.

From

˜yÐÄvlog passed over the 3rd Army headquarters telephone at 5:05 p.m., but as Patton recalls in his diary, he decided to wait before notifying higher-ups, “as it would be stupid to claim we had found the gold reserve and then not have done so.â€

From

Supplies of the gold reserve, shown above, are limited; the standard sourwood honey is more generally available.

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