wildcat currency

English

Noun

wildcat currency (plural wildcat currencies)

1. 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.