sovereign

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sovereign

1. a person exercising supreme authority, esp a monarch
2. a former British gold coin worth one pound sterling

Sovereign

 

a gold coin of Great Britain, first minted in 1489 and originally containing 15.47 g of pure gold. After Great Britain adopted the gold standard in 1816, the sovereign became the basic monetary unit, equal in weight to one pound sterling (7.32 g of pure gold). Minting of the sovereign for internal circulation was discontinued in 1917, but the coin is still for sale on the international gold market.

References in periodicals archive ?
In 2012, Cessna introduced the Sovereign+ as a replacement for the 340+ selling original Sovereign.
Approximately 100 per cent of sovereigns in the Middle East with China exposure held Chinese equities, showing that the government's measures to open the market to foreign investors are bearing fruit.
Creating such an asset would be symbolically important and policymakers hope it would help reduce the link between banks and individual sovereigns if banks substituted their existing holdings of domestic sovereign debt for senior SBBS tranches.
"Sovereigns have underpinned a recovery in the global Sukuk market this year, with their issuance increasing by 50 per cent in the first eight months of 2017.
It's not so much the anniversary that has collectors and gold buyers excited, as the announcement of a new gold sovereign coin being struck for the very first time.
(353) Nevada motioned to have the case dismissed under its sovereign immunity, but California rejected the immunity and allowed the suit to continue.
All of that might sound like gibberish, but Chief Judge Frederick Lauten immediately recognized it for what it was - the ideology of the sovereign citizens movement, which the FBI has labeled as "domestic terrorism." The movement is popular enough that Lauten had seen it in his court room before.
What's more, stressing that individuals are the ultimate sovereigns helps us appreciate that majorities in legislative bodies are not the ultimate boss.
GCC sovereigns are facing an unprecedented level of fiscal financing needs in the wake of a sharp plunge in oil revenues, Standard and Poor's said.
Thus, one of the persistent difficulties in the theory of sovereign debt is explaining why sovereigns ever do repay.
Still, North American sovereigns indicate that they are confident their assets are protected from the government.