bank money

noun

1. checks, drafts, and bank credits other than currency that are the equivalent of money.

Word History and Origins

Origin of bank money¹

First recorded in 1900–05

Example Sentences

Previous left-leaning governments fell far short of IMF targets and relied on central bank money printing to finance treasury spending, pushing the country’s IMF program — launched in 2018 and refinanced in 2022 — to a breaking point.

From Seattle Times

That roughly $300 billion in Russian Central Bank money has been sitting untapped as the war grinds on, while officials from multiple countries have debated the legality of sending the money to Ukraine.

From Seattle Times

“Long before our investigation into President Biden’s corruption, a bank money laundering investigator raised the exact concerns that we raised publicly about the Biden family business,” said committee Chairman James Comer, Kentucky Republican.

From Washington Times

Some of the World Bank money is to go toward retraining former plant employees; this week, power utility Eskom invited bids for a plan to mitigate the effect of the plant’s closure on surrounding communities.

From Seattle Times

There, in 2018, he investigated an allegedly rigged tender process involving more than $10 million of European Investment Bank money to rebuild local schools and hospitals damaged after Russia's previous, covert, invasion of 2014.

From Reuters