bank money

noun

Definition of bank money

: a medium of exchange consisting chiefly of checks and drafts

Examples of bank money in a Sentence

Recent Examples on the Web And with shadow bank money still outside traditional regulatory control, the Fed has been on alert to backstop its issuers. Lev Menand, Time, 4 May 2022 Commercial bank money that serves as a medium of exchange generally earns little to no interest, so even a non-interest-bearing CBDC is a near-perfect substitute for commercial bank money. Norbert Michel, Forbes, 12 Apr. 2022 This policy continues today with Treasury bill yields (and bank money-market yields) near zero percent, while the yield on the 10-year Treasury is less than the inflation rate. Mark Avallone, Forbes, 9 Mar. 2021 Japan, a pioneer with these moves, added the idea of using central-bank money to prop up the stock market, hoping to revive the animal spirits of investors. Megumi Fujikawa, WSJ, 7 Mar. 2021 Advocates argue the cryptocurrency can act as a safe haven during times of turbulence and can be a hedge against rampant central-bank money printing. Vildana Hajric, Bloomberg.com, 17 Nov. 2020 Investors can afford to look away: The central-bank money machine has become a poor guide to their decision-making. Jon Sindreu, WSJ, 6 Nov. 2020 Of course, that loses the bank money, so the point of the $350 billion Congress appropriated was to plug the hole in the banks' balance sheets. Jeff Spross, TheWeek, 17 Apr. 2020 By making central-bank money scarce this has recently caused trouble in overnight money markets. The Economist, 30 Dec. 2019 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'bank money.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of bank money

circa 1610, in the meaning defined above

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Time Traveler for bank money

Time Traveler

The first known use of bank money was circa 1610

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Dictionary Entries Near bank money

bank martin

bank money

bank night

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Statistics for bank money

Cite this Entry

“Bank money.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bank%20money. Accessed 10 Aug. 2022.

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