currency principle

the principle that banks should be permitted to issue notes only against bullion or coin.
Also called currency doctrine. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To currency-doctrine
Previous Definition: currency-bond
Next Definition: currency-principle
Words Near: currency-doctrine
More from
Synonyms and Antonyms for currency-doctrine
More from
Search for articles containing currency-doctrine Word FAQs presents 366 FAQs, incorporating some of the frequently asked questions from the past with newer queries.

Copyright © 2014, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature