Meanings
plural bancors
- A hypothetical supranational currency.
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.
2010, IMF, Reserve Accumulation and International Monetary Stability, page 27
Origin
- Frenchbanque“bank”
- Englishbancor
Coined by John Maynard Keynes in 1940-42, based on French banque (“bank”) and or (“gold”).
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Cite this entry
bancor. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/bancor
“bancor.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/bancor. Accessed November 3, 2026.
WatkinsX Dictionary, s.v. “bancor,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/bancor.
Source: bancor on Wiktionary, CC BY-SA 4.0.