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Banco
Sittings in Banco. Sittings of the Superior Court of Common Law
in its own bench or court, and not in circuit, as a judge of Nisi
Prius (q.v.). (Banc is Italian for “bench” or “seat of
justice.”)
So much banco—i.e.
so much bank money, as distinguished from current coin. At Hamburg,
etc., currency is inferior to “bank money.” (Not money in the bank, but
the fictitious value set on cash by bankers.)
Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894 More on Banco from Infoplease:
- banco: meaning and definitions - banco: Definition and Pronunciation
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- Mark Banco - Mark Banco An hypothetical quantity of fine silver, employed as a money-valuer in the old Bank at ...
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