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Krugerrand

   Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.
Kru·ger·rand  (krg-rnd, -ränd)
n.
A one-ounce gold coin of the Republic of South Africa.

[Afrikaans : after Stephanus Johannes Paulus Kruger + rand, rand; see rand.]

Krugerrand [ˈkruːgəˌrænd]
n
(Economics, Accounting & Finance / Currencies) a South African coin used for investment only and containing 1 troy ounce of gold
[from Stephanus Johannes Paulus Kruger (1825-1904), Boer statesman + rand1]
Translations
krugerrand [ˈkruːgəˌrænd] Nkrugerrand m


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For example, Michael says Asians prefer 24-karat gold coins, but the American Eagle and the Krugerrand are only 22-karat gold.
Q: I have a gold krugerrand coin that I was given as a gift many years ago.
 
 
 
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