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单词 safety fund
释义

Definition of safety fund in English:

safety fund

noun
US historical
  • A fund into which all private banks are required to deposit a percentage of stock, in order to guarantee the value of their circulating notes.

Origin

Early 19th century.

Definition of safety fund in US English:

safety fund

noun
US historical
  • A fund into which all private banks are required to deposit a percentage of stock, in order to guarantee the value of their circulating notes.

Origin

Early 19th century.

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更新时间:2025/6/20 6:16:47