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bancor. In DICTIOUS you will not only get to know all the dictionary meanings for the word
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English
Etymology
Coined by John Maynard Keynes in 1940-42, based on French banque (“bank”) and or (“gold”).
Noun
bancor (plural bancors)
- A hypothetical supranational currency.
2010, IMF, Reserve Accumulation and International Monetary Stability, page 27:Absent significant monetary instability or an injunction for use of bancor for the making of an important set of payments (e.g. payment of taxes), surmounting the barriers to wide acceptance would be a key and perhaps prohibitive challenge.
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