the principle that bank notes are a form of credit and should be issued freely in order to maintain an elastic currency.
- Banking on
an institution for receiving, lending, exchanging, and safeguarding money and, in some cases, issuing notes and transacting other financial business. the office or quarters of such an institution. Games. the stock or fund of pieces from which the players draw. the fund of the manager or the dealer. a special storage place: a blood bank; […]
- Banking pin
either of two pins for damping or halting the oscillation, in either direction, of a balance or lever. Historical Examples As we have previously stated, the drop from the pallet should not take place until the lever almost rests on the banking pin. Watch and Clock Escapements Anonymous
banquette (def 3).
a promissory note, payable on demand, issued by an authorized bank and intended to circulate as money. Contemporary Examples We have security features in the banknote today that resonate with the international community. All About the Benjamins: Here’s the Redesigned $100 Bill Daniel Gross October 6, 2013 Now, you’re going to have to excuse the […]