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reserve currency

noun
1.
any currency, as the U.S. dollar, used as a medium to settle international debts.
Origin
1965-1970
1965-70
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for re serve currency

reserve currency

noun
1.
foreign currency that is acceptable as a medium of international payments and that is therefore held in reserve by many countries
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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