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2017 Word of the Year

eligible paper

noun, Banking.
1.
notes, bills, and acceptances qualifying for rediscount by a Federal Reserve Bank.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for eligible paper
Historical Examples
  • The Federal Reserve Board is authorized to define more precisely the nature and character of eligible paper.

    Readings in Money and Banking

    Chester Arthur Phillips

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Word Value for eligible

11
15
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