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Definition 2024

bancor ‎(plural bancors)

name of the 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.