What does gold certificate mean?

Definitions for gold certificate
gold cer·tifi·cate

This dictionary definitions page includes all the possible meanings, example usage and translations of the word gold certificate.

Wikipedia

  1. Gold certificate

    A gold certificate in general is a certificate of ownership that gold owners hold instead of storing the actual gold. It has both a historic meaning as a U.S. paper currency (1863–1933) and a current meaning as a way to invest in gold. Banks may issue gold certificates for gold that is allocated (non-fungible) or unallocated (fungible or pooled). Unallocated gold certificates are a form of fractional-reserve banking and do not guarantee an equal exchange for metal in the event of a run on the issuing bank's gold on deposit. Allocated gold certificates should be correlated with specific numbered bars, although it is difficult to determine whether a bank is improperly allocating a single bar to more than one party.

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Numerology

  1. Chaldean Numerology

    The numerical value of gold certificate in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of gold certificate in Pythagorean Numerology is: 2

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"gold certificate." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/gold+certificate>.

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