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TAKE THE QUIZbanking doctrine
noun
variants
or less commonly banking principle
: the principle that banknotes represent a form of banker's credit and should not be subject to special regulation and that freedom from regulation is essential to an elastic currency the fluctuation of which will be regulated by business conditions compare currency doctrine
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Merriam-Webster unabridged
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- The business’s new computer system proved not to be a panacea.


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