recipice

Meanings

1. 1
   noun

   historical finance: a transferable receipt issued for bullion deposited at the Bank of Amsterdam, entitling its holder to withdraw the bullion under stated conditions

   The depositor could sell the recipice separately from the corresponding bank credit.

Borrowed from French recepisse, a receipt or written acknowledgment, ultimately from Latin recipere, 'to receive.' English economic writing used recipice for the Bank of Amsterdam document paired with a bullion deposit and transferable bank credit.

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