bank of issue

American  

noun

1. a bank, as a Federal Reserve Bank, empowered by a government to issue currency.

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Etymology

Origin of bank of issue

First recorded in 1930–35

Example Sentences

By nightfall the best that the Federal Reserve Bank of New York could do was make an offer like London's: to share in another loan originating in some other central bank of issue.

From Time Magazine Archive

In November Fidel finally turned Cuba's economy over to Che by naming him to run the National Bank, which in addition to acting as Cuba's central bank and bank of issue controls foreign trade.

From Time Magazine Archive

Once an assistant secretary of the U. S. Treasury, he is today Poland's economic adviser and director of its bank of issue.

From Time Magazine Archive

But a few hours sufficed the Davila Government to take over the Banco Central, organized as the sole Chilean bank of issue after Princeton Professor Edwin Walter Kemmerer, famed "Currency Doctor" was called to Santiago.

From Time Magazine Archive

It was a bank of issue, payable at Gordon, Wisconsin.

From Fifty Years In The Northwest With An Introduction And Appendix Containing Reminiscences, Incidents And Notes by Folsom, William Henry Carman