Vocab Bloom Hub

paper gold

/ˈpeɪpər ɡoʊld/

Traducción: Término usado en finanzas e inversión para referirse a certificados de oro, contratos de futuros u otros instrumentos financieros que representan el derecho a la propiedad del oro sin entrega física, a diferencia del oro físico en lingotes.

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/ˈpeɪpər ɡoʊld/C1formalbusiness
  • esTérmino usado en finanzas e inversión para referirse a certificados de oro, contratos de futuros u otros instrumentos financieros que representan el derecho a la propiedad del oro sin entrega física, a diferencia del oro físico en lingotes.

A term used in finance and investing referring to gold certificates, futures contracts, or other financial instruments that represent ownership of gold without physical delivery, as opposed to physical gold bullion.

  1. Special Drawing Rights (SDRs)C2formal

    An international reserve asset created by the International Monetary Fund (IMF) to supplement the official reserves of member countries. It is not actual gold but a claim on freely usable currencies.

    esoro de papel (DEG)

    • The IMF allocated new paper gold to help stabilize the global economy.
    • Central banks can exchange their paper gold for hard currencies.
    • Paper gold is used as a unit of account in international transactions.