redeemable in gold

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• gold — [gōld] n. [ME < OE, akin to Ger gold, ON goll < IE base * ĝhel , to shine, gleam > GLOW, YELLOW] 1. a heavy, yellow, inert, metallic chemical element that is highly ductile and malleable: it is a precious metal and is used in the… …   English World dictionary

• gold certificate — ☆ gold certificate n. 1. Historical a type of U.S. paper currency redeemable in gold 2. a certificate or its equivalent, representing a share of the U.S. gold reserve, issued to or redeemed from the Federal Reserve Banks when gold is bought or… …   English World dictionary

• gold reserve — the stock of gold held by a government or central bank to back its promissory notes or currency or to settle its international debts. [1865 70, Amer.] * * * Fund of gold bullion or coin held by a government or bank. In the past, banks accumulated …   Universalium

• Gold — This article is about the metal. For the color, see Gold (color). For other uses, see Gold (disambiguation). platinum ← gold → mercury …   Wikipedia

• gold certificate — noun : a paper certificate issued by a public treasury against deposited gold; specifically : a certificate first issued in 1934 by the United States Treasury to be held only by Federal Reserve banks and exchanged under treasury license for gold… …   Useful english dictionary

• gold note — a former U.S. bank note payable in gold coin. [1865 70, Amer.] * * * gold certificate or gold note noun (US) Formerly, a US treasury note issued on gold reserves • • • Main Entry: ↑gold gold note see ↑gold certificate above. • • • Main Entry: ↑ …   Useful english dictionary

• gold certificate — a former U.S. paper currency issued by the federal government for circulation from 1865 to 1933, equal to and redeemable for gold to a stated value. [1860 65, Amer.] * * * …   Universalium

• gold certificates — A form of currency circulating in the United States prior to the withdrawal thereof from circulation by act of Congress in 1933, such certificates being backed by, and redeemable in, gold. 36 Am J1st Money § 16 …   Ballentine's law dictionary

• Redeemable — Re*deem a*ble ( ?*b;l), a. 1. Capable of being redeemed; subject to repurchase; held under conditions permitting redemption; as, a pledge securing the payment of money is redeemable. [1913 Webster] 2. Subject to an obligation of redemtion;… …   The Collaborative International Dictionary of English

• gold standard — ☆ gold standard n. a monetary standard solely in terms of gold, in which the basic currency unit is made equal to and redeemable by a specified quantity of gold …   English World dictionary

• gold standard — A monetary system in which the basic unit of currency is redeemable in a specified quantity of gold, the United States having withdrawn from such standard in 1933 by legislation calling in all gold coin from circulation. 36 Am J1st Money § 16 …   Ballentine's law dictionary