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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.
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


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