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BANCOR

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
AcronymDefinition
BANCORBanco Reformador (Guatemala Central America, bank)


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A key attraction of the bancor was that it was to relax the pressure on distressed countries to run budget surpluses during recessions in order to ease the fears of antsy investors.
5 cents as the junior explorer said it has concluded an agreement with Kmine Holdings, a private company, to acquire a 100% interest in Bancor Mineracao Ltda.
Annual emissions of a global reserve currency (what Keynes called Bancor, or the IMF calls SDRs) could help fuel global aggregate demand, and be used to promote development and address the problems of global warming.
 
 
 
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