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till money

American  

noun

Banking.
  1. money set aside for use by a teller, as distinguished from money kept in the vault.


Etymology

Origin of till money

First recorded in 1890–95

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:

The Bank of England's note issue is now chiefly used by other banks as "till money," or part of the store of legal-tender cash they keep to meet demands on them.

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

Without them the banks would require to keep £8,000,000 or £10,000,000 of gold coin, not as a reserve but as till money.

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

When, however, a bank can hold its till money in the shape of notes, it is enabled to extend its operations into districts which would otherwise be quite inaccessible....

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

No, we can't bail them out, but we can ease up their bills till money comes from home.

From The Lure of the Mask by Fisher, Harrison

Mr. Blyth points out that these unissued notes are "not a reserve but till money," but the distinction between till money and reserve is one upon which it is possible to lay too much stress.

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

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