bank of issue

noun
variants: or less commonly bank of circulation

Definition of bank of issue

: a bank authorized by law to issue banknotes (such as the Bank of England or the U.S. Federal Reserve banks)

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History and Etymology for bank of issue

bank entry 4

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Dictionary Entries Near bank of issue

bank of deposit

bank of issue

bank paper

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Cite this Entry

“Bank of issue.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bank%20of%20issue. Accessed 23 May. 2022.

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