gold reserve

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gold reserve

n
(Banking & Finance) the gold reserved by a central bank to support domestic credit expansion, to cover balance of payments deficits, and to protect currency

gold′ reserve`


n.
the stock of gold held, esp. by a government to back its currency or settle its debts.
[1865–70, Amer.]
References in periodicals archive ?
has received the first year anniversary option payment of US $125,000 from Gold Reserve Inc.
Release date- 18102012 - Vancouver, Canada - Further to the Company's news release of September 20, 2012 announcing the settlement of all legal proceedings involving Gold Reserve Inc.
The customer is the US mining company Gold Reserve Inc.
The offer to repurchase notes pursuant to the put option is made solely by the "Company Repurchase Notice to the Holders of Gold Reserve Inc.