gold or its equivalent

gold or its equivalent
A clause which purports to establish the medium of payment of an obligation, meaning payment in gold or any kind of money which is legal tender. 40 Am J1st Paym § 58.

Ballentine's law dictionary. . 1998.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • gold certificate — ☆ gold certificate n. 1. Historical a type of U.S. paper currency redeemable in gold 2. a certificate or its equivalent, representing a share of the U.S. gold reserve, issued to or redeemed from the Federal Reserve Banks when gold is bought or… …   English World dictionary

  • Gold — This article is about the metal. For the color, see Gold (color). For other uses, see Gold (disambiguation). platinum ← gold → mercury …   Wikipedia

  • Gold as an investment — Reserves of SDR, forex and gold in 2006 …   Wikipedia

  • gold processing — Introduction  preparation of the ore for use in various products.       For thousands of years the word gold has connoted something of beauty or value. These images are derived from two properties of gold, its colour and its chemical stability.… …   Universalium

  • Equivalent (chemistry) — The equivalent (symbol: eq or Eq), sometimes termed the molar equivalent, is a unit of amount of substance used in chemistry and the biological sciences. The equivalent is formally defined as the amount of a substance which will either: react… …   Wikipedia

  • gold clause — noun : a provision in a contract requiring payment to be made in gold coin or its equivalent …   Useful english dictionary

  • Gold exchange-traded product — Gold exchange traded products are exchange traded funds (ETFs), closed end funds (CEFs) and exchange traded notes (ETNs) that aim to track the price of gold. Gold exchange traded products are traded on the major stock exchanges including Zurich,… …   Wikipedia

  • Gold Digger (comics) — Gold Digger is a manga style comic book series, written and drawn by Fred Perry, and published by Antarctic Press. Started in 1991, the comic tells the story of the extended Diggers family, who live in a fictional version of Atlanta, Georgia.The… …   Wikipedia

  • Gold mining — Gold mine redirects here. See Goldmine for other uses of the term. Gold mining consists of the processes and techniques employed in the removal of gold from the ground. There are several techniques by which gold may be extracted from the Earth.… …   Wikipedia

  • Gold standard — For other uses, see Gold standard (disambiguation). Under a gold standard, paper notes are convertible into pre set, fixed quantities of gold. The gold standard is a monetary system in which the standard economic unit of account is a fixed mass… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”