gold, uncombined with other minerals, found in a pure state
2. US
the excess of gold held by the Federal Reserve Banks over the legal reserve
free gold in American English
noun
1.
treasury gold, including the legal reserve, not restricted to the redemption of gold certificates or other specific uses
2. Mining
gold found in loose particles or nuggets, as in a placer mine
Word origin
[1895–1900]This word is first recorded in the period 1895–1900. Other words that entered Englishat around the same time include: Marxism, calling card, flamenco, hit-and-run, slapstick
Examples of 'free gold' in a sentence
free gold
There are free gold cars and matching aviator sunglasses and luxury hunting trips that left them inundated with taxidermy.