Library / English Dictionary |
PAPER GOLD
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
Reserve assets in the International Monetary Fund; designed to supplement reserves of gold and convertible currencies used to maintain stability in the foreign exchange market
Synonyms:
paper gold; special drawing rights
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("paper gold" is a kind of...):
reserve assets (capital held back from investment in order to meet probable or possible demands)