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bank of issue

American  

noun

  1. a bank, as a Federal Reserve Bank, empowered by a government to issue currency.


Etymology

Origin of bank of issue

First recorded in 1930–35

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Each bank of issue must hold in actual gold or gold certificates at least 40% of the amount of its outstanding currency.

From Time Magazine Archive

Once an assistant secretary of the U. S. Treasury, he is today Poland's economic adviser and director of its bank of issue.

From Time Magazine Archive

Well he knew that though Paul van Zeeland might be personally guiltless, it was his duty as Premier to know what monkey business the directors of the State bank of issue were indulging in.

From Time Magazine Archive

It will be a clearing house for Reparations, not an international bank of issue, not a competitor with the great central banks as some have feared.

From Time Magazine Archive

Index: Sy Sydenham's plans for establishment of bank of issue, 327-329; idea partially adopted by Sir F. Hincks, as finance minister of Dominion, 330.

From The Makers of Canada: Index and Dictionary of Canadian History by Various

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