Sovereign


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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 ?
"I have no sovereign. I myself am sovereign in my own country."
``Must I so soon risk the pardon and favour of my Sovereign?'' said Robin Hood, pausing for all instant; ``but by Saint Christopher, it shall be so.
In the meantime, Robin Hood had sent off several of his followers in different directions, as if to reconnoitre the enemy; and when he saw the company effectually broken up, he approached Richard, who was now completely armed, and, kneeling down on one knee, craved pardon of his Sovereign.
Schumacher, Julian, Christoph Trebesch, and Henrik Enderlein, 2010 "Sovereign Defaults in Court: The Rise of Creditor Litigation 1976 2010," May 2014, working paper.
The seventh Invesco Global Sovereign Asset Management Study, an annual in-depth report on the complex investment behaviour of sovereign wealth funds and central banks, shows disenchantment with Europe among sovereign investors and increased interest in emerging markets, particularly China.
Summary: Close to 90 per cent of Middle East sovereign investors have exposure to China
They said that it was the right option as the state had given sovereign guarantees to the investors on the issue.
A sovereign credit rating is defined as 'an independent assessment of the creditworthiness of a country or sovereign entity.
The editorial 'The sovereign immunity question' (4/1/19) contained the following errors:
Last time I looked, Parliament was sovereign, more specifically, the House of Commons is sovereign.
Last time I looked, Parliament was sovereign in the UK, more specifically, the House of Commons is sovereign.
EM vulnerabilities are reflected in Fitch's sovereign rating Outlooks and recent rating actions.