Definition of gold reserve in English:

gold reserve

Line breaks: gold re|serve

noun

  • A quantity of gold held by a central bank to support the issue of currency: the American gold reserves in Fort Knox
    More example sentences
    • Many governments no longer base their treasuries on the so-called gold standard though the United States, Austria and other countries maintain a gold reserve.
    • Many people then exchanged silver money for gold and the Treasury's gold reserve became seriously depleted.
    • Unlike gold certificates, with 100% gold backing, Federal Reserve Notes only had a 40% gold reserve behind them, enabling a dramatic expansion of the currency.

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Word of the day coloratura
Pronunciation: ˌkələrəˈto͝orə
noun
elaborate ornamentation of a vocal melody