paper creditn.

Brit.

/ˈpeɪpəˌkrɛdɪt/, U.S.

/ˈpeɪpərˌkrɛdət/

Origin: Formed within English, by compounding. Etymons: paper n., credit n.

Etymology: < paper n. + credit n. Compare paper money n.

1. Credit in the form of promissory notes, payment orders, cheques, etc.Sometimes derogatory, with the suggestion that such credit may often be unsecured.

ΘΚΠ

society > trade and finance > management of money > solvency > [noun] > credit > given on written security

paper credit1696

1696 J. Blanch Naked Truth 7 It is not..our Paper Credit, that will put the French King upon advantagious Offers of Peace.

1704 London Gaz. No. 3991/3 They have set up a sort of Paper Credit at Strasburg, where they pay..in Bills.

1733 A. Pope Of Use of Riches 4 Blest Paper-credit! that advanc'd so high, shall lend Corruption lighter wings to fly!

1803 H. Brougham in Edinb. Rev. 2 102 Paper-credit is the visible sign of public credit, and identical with it.

1858 O. W. Holmes Autocrat of Breakfast-table ii. 42 Life would be nothing without paper-credit and other fictions.

1882 R. Bithell Counting-house Dict. 218 Paper Credit... The term as commonly used includes book-debts, I.O.U.'s, and instruments of credit of all kinds.

1973 Jrnl. Business 46 14 A drastic collapse of international liquidity, involving the fact that fair-weather paper-credit substitutes for gold could not be cashed into gold itself.

1995 Federal Reporter 3rd Ser. 38 1502/2 In 1236 the use of paper credit was introduced into the Mogul empire in China.

2002 Sunday Business Post (Nexis) 28 July All bubbles..are characterised by similar attributes: rumours fuelling the boom; rapid growth of leverage through the use of futures or paper credit; conspicuous consumption by speculators; [etc.].

2. As a count noun: a letter of credit, a cheque, etc., esp. one intended to be transferred within the banking system without being redeemed.

ΘΚΠ

society > trade and finance > management of money > solvency > [noun] > credit documents

precept1473

bill of credit1616

letter of credit1616

security1712

shop note1720

paper credit1725

shop-ticket1777

credit letter1843

circular note1850

book1863

society > trade and finance > money > medium of exchange or currency > paper money > cheques and drafts > [noun] > cheque

paper credit1725

draught1736

banker's draft1764

bank cheque1774

draft1786

sight cheque1863

certified cheque1880

marked cheque1896

Eurocheque1969

1725 F. Rawle Ways & Means Inhabitants Delaware 6 [They] engag'd themselves for their country's relief by..dealing by a paper-credit, which tho' far short of what the Negoce of these Colonies requir'd..it answer'd our present exigencies.

1850 Southern Q. Rev. July 279 A large portion of them [sc. precious metals] was accordingly dispensed with, by substituting in their place paper money and paper credits in all their various forms.

1862 Biblical Repertory Apr. 327 This bubble [will] burst, from the necessity of turning these paper credits into hard cash.

1936 U.S. District Court (N. District, W. Va.) (Lexis) 9 Jan. (Suppl.) 13 f 298 The money did not represent a direct deposit which the said Lawhead had made in the Citizens National Bank of Philippi, but consisted of what may be termed ‘paper credits’.

1996 Irish Times (Nexis) 20 June 18 The new structure will separate clearing into four areas: paper debits, paper credits, bulk electronic payments, and high value electronic payments.

This entry has been updated (OED Third Edition, March 2005; most recently modified version published online March 2022).

单词	paper credit
释义	paper creditn. Brit. /ˈpeɪpəˌkrɛdɪt/, U.S. /ˈpeɪpərˌkrɛdət/ Origin: Formed within English, by compounding. Etymons: paper n., credit n. Etymology: < paper n. + credit n. Compare paper money n. 1. Credit in the form of promissory notes, payment orders, cheques, etc.Sometimes derogatory, with the suggestion that such credit may often be unsecured. ΘΚΠ society > trade and finance > management of money > solvency > [noun] > credit > given on written security paper credit1696 1696 J. Blanch Naked Truth 7 It is not..our Paper Credit, that will put the French King upon advantagious Offers of Peace. 1704 London Gaz. No. 3991/3 They have set up a sort of Paper Credit at Strasburg, where they pay..in Bills. 1733 A. Pope Of Use of Riches 4 Blest Paper-credit! that advanc'd so high, shall lend Corruption lighter wings to fly! 1803 H. Brougham in Edinb. Rev. 2 102 Paper-credit is the visible sign of public credit, and identical with it. 1858 O. W. Holmes Autocrat of Breakfast-table ii. 42 Life would be nothing without paper-credit and other fictions. 1882 R. Bithell Counting-house Dict. 218 Paper Credit... The term as commonly used includes book-debts, I.O.U.'s, and instruments of credit of all kinds. 1973 Jrnl. Business 46 14 A drastic collapse of international liquidity, involving the fact that fair-weather paper-credit substitutes for gold could not be cashed into gold itself. 1995 Federal Reporter 3rd Ser. 38 1502/2 In 1236 the use of paper credit was introduced into the Mogul empire in China. 2002 Sunday Business Post (Nexis) 28 July All bubbles..are characterised by similar attributes: rumours fuelling the boom; rapid growth of leverage through the use of futures or paper credit; conspicuous consumption by speculators; [etc.]. 2. As a count noun: a letter of credit, a cheque, etc., esp. one intended to be transferred within the banking system without being redeemed. ΘΚΠ society > trade and finance > management of money > solvency > [noun] > credit documents precept1473 bill of credit1616 letter of credit1616 security1712 shop note1720 paper credit1725 shop-ticket1777 credit letter1843 circular note1850 book1863 society > trade and finance > money > medium of exchange or currency > paper money > cheques and drafts > [noun] > cheque paper credit1725 draught1736 banker's draft1764 bank cheque1774 draft1786 sight cheque1863 certified cheque1880 marked cheque1896 Eurocheque1969 1725 F. Rawle Ways & Means Inhabitants Delaware 6 [They] engag'd themselves for their country's relief by..dealing by a paper-credit, which tho' far short of what the Negoce of these Colonies requir'd..it answer'd our present exigencies. 1850 Southern Q. Rev. July 279 A large portion of them [sc. precious metals] was accordingly dispensed with, by substituting in their place paper money and paper credits in all their various forms. 1862 Biblical Repertory Apr. 327 This bubble [will] burst, from the necessity of turning these paper credits into hard cash. 1936 U.S. District Court (N. District, W. Va.) (Lexis) 9 Jan. (Suppl.) 13 f 298 The money did not represent a direct deposit which the said Lawhead had made in the Citizens National Bank of Philippi, but consisted of what may be termed ‘paper credits’. 1996 Irish Times (Nexis) 20 June 18 The new structure will separate clearing into four areas: paper debits, paper credits, bulk electronic payments, and high value electronic payments. This entry has been updated (OED Third Edition, March 2005; most recently modified version published online March 2022). < n.1696
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