English Dictionary

PAPER GOLD

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IPA (US): 

 Dictionary entry overview: What does paper gold mean? 

PAPER GOLD (noun)
  The noun PAPER GOLD has 1 sense:

1. 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

  Familiarity information: PAPER GOLD used as a noun is very rare.


 Dictionary entry details 


PAPER GOLD (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

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

paper gold; special drawing rights

Hypernyms ("paper gold" is a kind of...):

reserve assets (capital held back from investment in order to meet probable or possible demands)


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