| 单词 | safety fund |
| 释义 | > as lemmassafety fund safety fund n. (also with capital initials) U.S. (now historical) a fund into which all private banks are required to deposit a percentage of stock, in order to guarantee the value of their circulating notes. ΚΠ 1829 Exam. Provisions of Act for Benefit of Monied Corporations 10 The fund to be raised under this act, ironically called ‘The Safety Fund’..will prove in our opinion, a very great fallacy. 1846 Daily Sentinel & Gaz. (Milwaukee, Wisconsin Territory) 9 Dec. Nobody has proposed to revive in Wisconsin the ‘Safety Fund’, ‘Wild Cat’, or any other ‘special privilege’ system. 1941 N.Y. Herald 4 Dec. 2/1 Two more banks stopped redeeming yesterday in Wall street—the Commercial Bank, a safety fund—and the Whitestown, a red dog. 2002 R. E. Wright Wealth of Nations Rediscovered vii. 192 Adam Smith would have taken issue with some of the regulation of the early U.S. financial system, including..the Safety Fund. < as lemmas |
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