51Թ

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wildcat bank

noun

  1. a bank that issued notes without adequate security in the period before the establishment of the national banking system in 1864.


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51Թ History and Origins

Origin of wildcat bank1

An Americanism dating back to 1830–40
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Example Sentences

Examples have not been reviewed.

This behavior is clearly that of a “wildcat bank,” a 1800s fraudulent banking style that has long been illegal.

From

Well, I can't go back to him and resume, no more'n a wildcat bank.

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