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Meaning of bancor | Babel Free

Noun CEFR B1

Definitions

A hypothetical supranational currency.

Examples

“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.”

CEFR level

B1
Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.
See all B1 English words →

See also

bancorporation Bancroft Bancuro band band camp band cell

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