Unless otherwise defined, the price of an object, sometimes also of a security, expressed in (weight) units of gold. In contracts, especially in offshore financial centers and sometimes also in underground banking, such a link to the price of gold is still widespread today. – See monetary value, goldgram, inflation.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/