banking principle

noun

the principle that bank notes are a form of credit and should be issued freely in order to maintain an elastic currency.

QUIZZES

DO YOU KNOW THIS VOCABULARY FROM "THE HANDMAID'S TALE"?

"The Handmaid's Tale" was required reading for many of us in school. Everyone else has probably watched the very popular and addictive TV show. Do you remember this vocabulary from the book, and do you know what these terms mean?
Question 1 of 10
decorum
the act of or need for making up one's mind.
dignified propriety of behavior, speech, dress, etc.
a company of singers, especially an organized group employed in church service.
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Also called banking doctrine.
Compare currency principle.

Words nearby banking principle

bankers' hours, banket, bankhead, banking, banking pin, banking principle, bankit, banknote, bankroll, bankroller, bankrupt
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020