单词 | overissue |
释义 | overissuen. The action or an act of issuing banknotes, shares, etc., in excess; the items so issued. ΘΚΠ society > trade and finance > money > circulation of money > [noun] > excess issue of money overissue1803 1803 Edinb. Rev. 3 252 A general depreciation of the currency, by a universal over-issue of notes. 1861 G. J. Goschen Theory Foreign Exchanges 63 When, through the over-issue of paper money, a general rise of prices ensues, the price of gold, as measured by paper money, rises with the rest. 1886 Law Times 80 280/2 The personal liability of the five directors upon an over-issue of debenture stock. 1920 Discovery May 145/1 Our over-issues of currency notes. 1940 Amer. Econ. Rev. 30 770 They came to the conclusion that the increase in prices could not have been the result of over-issue. 1999 Jrnl. Polit. Econ. 107 930 Early proponents of free banking have argued that a note exchange may reflux private notes at a speed that is sufficient to prevent overissue. This entry has been updated (OED Third Edition, December 2004; most recently modified version published online March 2022). overissuev. transitive. To issue (something) in excess; esp. to issue (banknotes, shares, etc.) beyond the authorized amount or the issuer's ability to pay them on demand. Also intransitive. ΘΚΠ society > trade and finance > money > circulation of money > put into circulation [verb (transitive)] > issue money in excess overissue1827 1827 N. Amer. Rev. Jan. 186 Banks have been often disposed thus to over issue; but..they are always much the greatest, if not the only sufferers by it, because they are obliged to have on hand a far greater amount of capital in proportion. 1837 J. C. Calhoun Wks. III. 64 The banks had over-issued, it is true, but their over-issues were to the Government. 1898 Jrnl. Polit. Econ. 7 18 It [sc. paper money] is no sooner overissued than its value suddenly melts away in the market like snow under the rays of the sun. 1921 Econ. Jrnl. 31 398 If the Government avoids over-issuing and maintains the convertability of its notes, they will circulate on a parity with the gold that can be obtained in exchange for them. 1992 P. Temperton Markets & Dealers (BNC) 147 The Bank could, by deliberately overissuing Treasury bills, leave the discount houses short of cash balances and force them to borrow from the Bank. Derivatives ˌoverˈissued adj. ΚΠ 1944 Jrnl. Econ. Hist. 4 21 Charles III..chartered the Bank of Spain largely as a device for the orderly contraction of the overissued treasury bills. 1991 Jrnl. Southern Afr. Stud. 17 515 The bank..had recently secured the right to suspend convertibility of its own currency. As a result it paid debts in its overissued currency at face value. This entry has been updated (OED Third Edition, December 2004; most recently modified version published online March 2022). < n.1803v.1827 |
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