currency doctrine

currency doctrine
noun or currency principle
: the principle that banks should issue notes only against coin or bullion — compare banking doctrine

Useful english dictionary. 2012.

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  • currency principle — noun see currency doctrine * * * the principle that banks should be permitted to issue notes only against bullion or coin. Also called currency doctrine …   Useful english dictionary

  • currency principle — the principle that banks should be permitted to issue notes only against bullion or coin. Also called currency doctrine. * * * …   Universalium

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  • banking doctrine — noun also banking principle : the principle that bank notes 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… …   Useful english dictionary

  • Real bills doctrine — Economics …   Wikipedia

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  • international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… …   Universalium

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

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