We've got 0 shorthands for gold certificate »
Acronyms that contain the term gold certificate
What does gold certificate mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: gold certificate.
Possible matching categories:
We couldn't find any results for your search.
Couldn't find the right meaning of gold certificate?
Maybe you were looking for one of these abbreviations:
GOL, GOLA, GOLB, GOLC, GOLD, GOLD LEAF, GOLDEN, GOLDI, GOLDS, GOLF
... or use our Power Search technology to look
for more unique definitions from across the web!
Search the web
What does gold certificate mean?
- Gold 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 U.S. paper currency (1863–1933) and a current meaning as a way to invest in gold. Banks may issue gold certificates for gold that is allocated (non-fungible) or unallocated (fungible or pooled). Unallocated gold certificates are a form of fractional-reserve banking and do not guarantee an equal exchange for metal in the event of a run on the issuing bank's gold on deposit. Allocated gold certificates should be correlated with specific numbered bars, although it is difficult to determine whether a bank is improperly allocating a single bar to more than one party.
Know the definition for gold certificate? Know the meaning of gold certificate? Don't keep it to yourself!
Citation
Use the citation options below to add these abbreviations to your bibliography.
Style:MLAChicagoAPA
"gold certificate." Abbreviations.com. STANDS4 LLC, 2024. Web. 5 Jun 2024. <https://www.abbreviations.com/gold%20certificate>.
Discuss these gold certificate abbreviations with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In