wildcat note

English

Noun

wildcat note (plural wildcat notes)

1. One of the notes printed by a bank issuing wildcat money.
   • 1899 September, J,M. Girdner, “Greenbacks are an Imitation of Coined Money”, in Money, volume 3, number 3, page 79:

     We were worse off than under the State bank wildcat note plan of currency.

   • 1918 November, Park Mathewson, “Budget Principles for the Bank”, in The Burroughs Clearing House, volume 3, number 2, page 27:

     Whether it is difficult or not for the business world to see why a Federal Reserve is better than a National Banking system, as was a national bank note better than an unclassified wildcat note, still the fittest will survive.

   • 2015, Forrest Capie, ‎Geoffrey E. Wood, Unregulated Banking: Chaos or Order?, page 128:

     Although not stated explicitly, the point of the discussion appears to be the conditions under which wildcat note issues were profitable.