Gold clause

id: gold-clause-237-17027881
title: Gold clause
text: Gold clauses in contracts allow a creditor the option to receive payment in gold or gold equivalent. A gold clause may prove valuable to the creditor in long term contracts, wherein questions may arise as to whether a currency in use at the time the contract was entered into would still have the same value when payment is due. Creditor concerns in respect to inflation, war, changes in government, and any other uncertainty about the future value of currency would be common reasons for adopting a
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Gold_clause
date created:
date modified: 2022-03-22T19:20:34Z
main entity: {"identifier":"Q17018003","url":"https://www.wikidata.org/entity/Q17018003"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/e/e0/Bond_coupons_for_Hornell_Traction_Company.jpg","width":1100,"height":1320}
fields total: 13
integrity: 14

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