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bank money

American  

noun

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


Etymology

Origin of bank money

First recorded in 1900–05

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.

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Project Samara tested the real-world feasibility and implications of a DLT-based platform for capital markets, using a real bond funded and traded with central bank money.

From The Wall Street Journal Mar. 6, 2026

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

A separate risk is that because central bank digital currency would be viewed as more reliable than bank money, bank depositors would switch their funds to it in a financial crisis.

From New York Times Dec. 10, 2021

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

Francie knotted the bank money in her handkerchief.

From "A Tree Grows in Brooklyn" by Betty Smith

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