Library / English Dictionary

    PAPER GOLD

    Pronunciation (US): Play  (GB): Play

     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 marketplay

    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)

    Credits


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