Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,135,953 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Monetary Gold

    0.03 sec.
Monetary gold
Gold held by governmental authorities as a financial asset.
Monetary Gold
Gold owned by a government, usually as part of its currency reserves. While no country now uses a gold standard, many states hold monetary gold as a (small) part of the many things that determine a currency's value, the bulk of which is the reserve of foreign currencies. As such, monetary gold has a small role in determining nations' monetary policies. Monetary gold is not traded, except between central banks and occasionally with international organizations such as the International Monetary Fund. See also: Foreign Exchange, Reserve asset.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
No references found
 
OF COURSE THE COMMITMENT OF the four central bank chiefs to revive the world was doomed to failure because it was founded on the myth that a return to pegging their currencies to a fixed measure of monetary gold was the key to stability and a return of public confidence.
The national socialism of Obamanomics: it's been tried before and ... by Srodes, James / The American Spectator
In 1944, when the Breton Woods accords were made, the United States was the world's dominant military power, principal creditor, owner of 70% of all monetary gold and an oil exporter to boot.
Gold and the Casino Capitalism House of Cards by The Gold Report / Stockhouse
The Federal Reserve Bank of New York holds the world's largest accumulation of monetary gold.
Good as gold: a glittering exhibition reveals the dazzling art and ... by USA Today (Magazine)
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.