Krugerrand

[ kroo-guh-rand, -rahnd ]
/ ˈkru gəˌrænd, -ˌrɑnd /

noun

(sometimes lowercase) a one-ounce gold coin of the Republic of South Africa, equal to 25 rand: first issued in 1967.

Origin of Krugerrand

Kruger + rand2

British Dictionary definitions for krugerrand

Krugerrand
/ (ˈkruːɡəˌrænd) /

noun

a South African coin used for investment only and containing 1 troy ounce of gold

Word Origin for Krugerrand

C20: from S. J. P. Kruger + rand 1