to redeem the currency in gold
1Gold peg — is a term for the par value in gold of a particular currency. It is associated with a gold standard or bimetallic standard for a currency. Since the ability to redeem notes for a fixed amount of gold is one of the attractions of a hard currency… …
2The United States of America — The United States of America † Catholic Encyclopedia ► The United States of America BOUNDARIES AND AREA On the east the boundary is formed by the St. Croix River and an arbitrary line to the St. John, and on the north by the… …
3Gold exchange-traded product — Gold exchange traded products are exchange traded funds (ETFs), closed end funds (CEFs) and exchange traded notes (ETNs) that aim to track the price of gold. Gold exchange traded products are traded on the major stock exchanges including Zurich,… …
4gold reserve — the stock of gold held by a government or central bank to back its promissory notes or currency or to settle its international debts. [1865 70, Amer.] * * * Fund of gold bullion or coin held by a government or bank. In the past, banks accumulated …
5Gold standard — For other uses, see Gold standard (disambiguation). Under a gold standard, paper notes are convertible into pre set, fixed quantities of gold. The gold standard is a monetary system in which the standard economic unit of account is a fixed mass… …
6Currency — For other uses, see Currency (disambiguation). Coins and banknotes are the two most common forms of currency. Pictured are several denominations of the euro …
7History of the United States dollar — The history of the United States dollar covers more than 200 years.Early historyThe history of the dollar in North America pre dates US independence. Even before the Declaration of Independence, the Continental Congress had authorized the… …
8Currency of Spanish America — This article provides an outline of the currency of Spanish America (las Indias, the Indies) from Spanish colonization in the 15th century until Spanish American independencies in the 19th. This great realm was divided into the Viceroyalty of New …
9Gold as an investment — Reserves of SDR, forex and gold in 2006 …
10Gold certificate — A gold certificate in general is a certificate of ownership that gold owners hold instead of storing the actual gold. It has both a historic meaning as a US paper currency (1882 1933) and a current meaning as a way to invest in gold.Perth MintThe …
