Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

gold bond

1. Hist. A bond payable in gold coin or U.S. currency at the election of the bondholder. * This type of bond existed until 1933, when the U.S. monetary system abandoned the gold standard. 2. A commoditybacked bond that is secured by gold and issued by a gold-mining company.

gold bond.

See BOND (3).