Investor Glossary-krugerrandInvestor Glossary-krugerrandInvestor Glossary-krugerrandInvestor Glossary-krugerrandInsightful stock market charts - Click here
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


The HTML to link to this page

A krugerrand is a gold coin minted by the Republic of South Africa. A krugerrand contains one ounce of twenty-two carat gold. It is legal tender and is valued at the current market price of gold. The krugerrand is named after Paul Kruger, an early president of South Africa, and was first sold in 1967. The coin shows his face on its front side. The back side of the krugerrand shows a springbok, a national symbol of South Africa. The krugerrand also has a tiny amount of copper added to it to help it resist damage. The krugerrand has often been controversial because it was first made under the country's practice of apartheid, when gold was mined by black workers.

Rate this Krugerrand definition...

Learn about investing with the Investor Glossary Term of the Day

Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.

Popular Terms: option premium, command economy, retained earnings, deferred revenue, risk management, 401a, dividends payable, 1031 exchange, Zero Cost Collar, annual return, covered put, per diem, 144a, APR, liquidity ratio, FTSE, current ratio, average price per share, reverse mortgage, real GDP, limit order, stock market close, stock split, wholly-owned subsidiary, deferred tax, in escrow, labor relations, required rate of return, debt service coverage, FICO score, implied volatility, EBITDA, quality assurance, cancelled check, minority interest, margin rate, balance sheet, ex-dividend, class C shares, irrevocable trust, open position, 1035 exchange, phantom income, ex-dividend date, inflation, diluted share, VIX, Key Rate Duration, LIBOR

Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use