gold
Definition
A precious metal commodity that serves as a store of value and a medium of exchange. Gold has been used as a currency and as a way to stabilize the value of the U.S. dollar and other modern currencies.
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Related terms:
silver, lawful money, Maple Leaf, mint ratio, physical market, sector fund, specie, spot market, Bretton Woods agreement, inconvertible currency and 
'gold' appears in these other terms:
goldilocks economy, golden boot, golden parachute, golden handshake, gold brick, golden handcuffs, paper gold
'gold' appears in the definitions of these other terms on BusinessDictionary.com: karat, gold fix, gold fund, acid test, assay, and
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