monobank
monobank noun: a single financial institution that combines the functions of a central bank and a deposit bank.
Noun
monobank (plural monobanks)
- A single financial institution that combines the functions of a central bank and a deposit bank.
- The monobank[…]is the sole source of short-term credit, as the extension of direct interenterprise (“commercial”) credit is forbidden.1970, Morris Bornstein, Daniel Roland Fusfeld, R. D. Irwin, The Soviet Economy: A Book of Readings, →OCLC, page 146
- However, this accounting change did not mean a decentralization or even a “marketization” of the investment process, as financial sources were simply channelled through the monobank rather than through the budget.1992 October 26, Bernard S. Katz, Libby Rittenberg, The Economic Transformation of Eastern Europe: Views from Within, Bloomsbury Academic, →ISBN, page 78
Forms of monobank
| plural | monobanks |
|---|
Origin of monobank
mono- + bank
Questions about monobank
- What does monobank mean?
- Monobank means a single financial institution that combines the functions of a central bank and a deposit bank.
- What part of speech is monobank?
- Monobank is a noun.
- What is the plural of monobank?
- The plural of monobank is monobanks.
Words near monobank in the dictionary
Source and license
Adapted from Wiktionary: monobank (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “monobank.” Word.ws, https://word.ws/monobank. Based on Wiktionary, CC BY-SA 4.0.
