eligible paper

  1. notes, bills, and acceptances qualifying for rediscount by a Federal Reserve Bank.

Words Nearby eligible paper

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use eligible paper in a sentence

  • 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