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gold certificate

a former U.S. paper currency issued by the federal government for circulation from 1865 to 1933, equal to and redeemable for gold to a stated value.
Origin of gold certificate
1860-65, Americanism Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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British Dictionary definitions for gold-certificate

gold certificate

noun (in the US)
a currency note issued exclusively to the Federal Reserve Banks by the US Treasury. It forms a claim on gold reserves deposited by the Federal Reserve Banks at the Treasury and is used to transfer interbank balances within the Federal Reserve System
Also called gold note. (formerly) a banknote issued by the US Treasury to the public and redeemable in gold
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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