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English
Noun
wildcat currency (plural wildcat currencies)
- Synonym of wildcat money
1913, United States. Congress. House. Committee on Banking and Currency, Banking and Currency Reform, page 427:Mr. KORBLY. Not the Suffolk Bank currency? You would not call that wildcat currency?
1914, Frederick Lyman Hitchcock, History of Scranton and Its People - Volume 1, page 408:The loss from "shin plasters," however, was small compared with the loss from the worthless "wildcat currency."
1997, Emmanuel Roussakis, Commercial Banking in an Era of Deregulation, page 31:Apart from wildcat currency, note holders were exposed to counterfeits, notes of banks that had ceased to exist, and notes that, although issued by solvent banks, had depreciated in value.