Sovereign

(redirected from Sovereigns)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia, Wikipedia.

Sovereign

1. A gold coin in the United Kingdom. It has a face value of one British pound, but because it is made of gold, its actual value far exceeds one pound. Investors use sovereigns as bullion coins.

2. See: Sovereignty.
References in classic literature ?
While Bob was speaking he laid down the sovereign, and resolutely twisted up his bag again.
Let us inquire," he said in a smooth, pleasant voice, "why this young woman refuses to do homage to her sovereign," and he put the question himself directly to her.
Rawdon Crawley to cry fie at the idea of the odious little adventuress making her curtsey before the Sovereign, and to declare that, if dear good Queen Charlotte had been alive, she never would have admitted such an extremely ill-regulated personage into her chaste drawing-room.
He was to have followed the procession and waited upon his sovereign in a cab, but that his good-natured sister-in-law insisted that they should be a family party.
Rawdon Crawley's costume de cour on the occasion of her presentation to the Sovereign was of the most elegant and brilliant description.
And in this family conversation the carriage rolled down the street, until its cargo was finally discharged at the gates of the palace where the Sovereign was sitting in state.
Hence the degradation which the Colonel had almost suffered, of being obliged to enter the presence of his Sovereign in a hack cab.
In its semi-annual regional report, Fitch explores the likely impact of the current economic and political environment on the credit outlook for Latin American sovereigns this year.
External conditions remain relatively favorable for Latin American sovereigns in early 2006, with commodity prices high, global growth robust, and spreads on emerging markets bonds historically low.
The lawsuit maintains that the proposed transaction between Sovereign and Santander will give Santander (either alone or in concert with others) voting power over 20% or more of Sovereigns' common stock and, therefore, constitutes a "control transaction" under the Pennsylvania Business Corporation Law.
Harting, Senior Director in the Fitch sovereign ratings group and author of the report, 'Despite the region's endowment with the largest proven oil reserves outside of the Middle East, Latin American sovereigns have generally been unable to take full advantage of the recent oil boom to improve their credit standing.
Sound macro policy frameworks and improved economic performance drove upgrades in five of the 16 emerging market sovereigns Fitch rates in the Western Hemisphere in 2004 (Brazil, Venezuela, Peru, Uruguay, and Ecuador), as well as two positive Outlook revisions (Chile and Colombia).