bank money

American  

noun

1. checks, drafts, and bank credits other than currency that are the equivalent of money.

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Etymology

Origin of bank money

First recorded in 1900–05

Example Sentences

As the historian Calvin Schermerhorn has written, “By 1840 Louisiana, Alabama, Florida, and Mississippi had more bank money in circulation per capita than any other state or region.”

From The Wall Street Journal • Nov. 1, 2025

The incident happened around 1 p.m. on Jan. 6 during a bank money drop at a Chase Bank branch in Sunset Park, Brooklyn.

From Seattle Times • Jan. 16, 2023

During the financial crisis, the stop to business had essentially led to a drop in the demand for bank money, which quickly lost value relative to gold.

From Slate • Sep. 22, 2021

BofA said the flood of cheap central bank money sloshing in financial markets is set to slow.

From Reuters • Sep. 10, 2021

All of Mrs. Weidenbach’s friends stood to clap, and they were joined by everybody who owed the bank money.

From "A Long Way from Chicago" by Richard Peck