Meaning of Krugerrand

Kru•ger•rand

Pronunciation: (kr'gu-rand", -ränd"), [key]
— n.
  1. (sometimes l.c.) a one-ounce gold coin of the Republic of South Africa, equal to 25 rand: first issued in 1967.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.