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fiduciary issue

British  

noun

  1. an issue of banknotes not backed by gold

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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The amount of the fiduciary issue is a matter that the Committee leaves open to be determined after experience of post-war conditions.

From War-Time Financial Problems by Withers, Hartley

And the bank's fiduciary issue has thus been raised from the original £14,000,000 to £18,450,000.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

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