Which Joe gave his name to ‘sloppy joes’? We look at five interesting sandwiches and their lexical origins.
A quantity of gold held by a central bank to support the issue of currency.‘the American gold reserves in Fort Knox’
- ‘The ability of the Bank of England to provide liquidity was thus limited by its gold reserves.’
- ‘Unlike gold certificates, with 100% gold backing, Federal Reserve Notes only had a 40% gold reserve behind them, enabling a dramatic expansion of the currency.’
- ‘It was not until the 1870s that linking currency to gold reserves was standard practice throughout the world.’
- ‘Soviet gold reserves and foreign currency accounts had disappeared, never to be found.’
- ‘Sixty percent of the current gold reserves are held by U.S., Germany, France, Switzerland and Italy.’
- ‘The second time came twenty years later when, in the midst of the depression following the Silver Panic of 1893, the U.S. Treasury faced a rapidly dwindling gold reserve.’
- ‘But the price fell back and was further hit in the 1990s when many of the world's central banks were selling off their gold reserves.’
- ‘Early indications are good, and the company's fund raising has been given a boost by the discovery, last week, that gold reserves at the site are 6.2 million ounces, rather than 4.9 million as its initial prospectus suggested.’
- ‘This is a despicable arrangement when pitted against the disciplining and self-correcting Bretton Woods global currency regime backed by quantifiable gold reserves.’
- ‘While the original Bretton Woods was a formal system that fixed nations' currency rates to their gold reserves, Bretton Woods II is an informal arrangement that pegs exchange rates to the U.S. dollar.’
- ‘This was accomplished at the considerable cost of over 220 million gold rubles, approximately 30 percent of Russia's gold reserves during the years immediately after the civil war.’
- ‘But they made no mention of a British proposal under which the International Monetary Fund would sell some of its gold reserves to cancel the debt owed it by poor countries.’
- ‘A competing proposal from Britain would pay for expanded debt relief by revaluing the IMF's gold reserves according to world prices and by getting wealthy nations to commit more money.’
- ‘Some governments are already beginning to sell off their gold reserves.’
- ‘The officials agreed to keep studying the possibility of revaluing IMF gold reserves to raise money for debt-relief programs, which would not involve actual sales of bullion.’
- ‘They had to be careful of the amount of notes they issued and they protected themselves by carrying gold reserves.’
- ‘Many governments no longer base their treasuries on the so-called gold standard though the United States, Austria and other countries maintain a gold reserve.’
- ‘The European Central Bank has gold reserves totaling 766.9 tons, worth about $9.25 billion, which were supplied by its members' national central banks.’
- ‘In particular, the 1844 Bank Act, which gave a note-issuing monopoly to the still privately owned Bank of England, also required that notes be backed 100 percent by gold reserves.’
- ‘Many people then exchanged silver money for gold and the Treasury's gold reserve became seriously depleted.’
We take a look at several popular, though confusing, punctuation marks.
From Afghanistan to Zimbabwe, discover surprising and intriguing language facts from around the globe.
The definitions of ‘buddy’ and ‘bro’ in the OED have recently been revised. We explore their history and increase in popularity.