One of the mysteries of the English language finally explained.
verboverissued, overissues, overissuing[with object]
Issue (banknotes, shares, etc.) beyond the authorized amount or the issuer's ability to pay them on demand.‘the Bank could deliberately overissue Treasury bills’
- ‘Each time, a state in fiscal crisis overissued paper money, causing inflation, debasement of the money, and commercial chaos.’
nounPlural overissuesmass noun
The action of overissuing banknotes, shares, etc.
- ‘It was not the circulation of a large supply of money as such which was troublesome, but the overissue as compared with the real requirements of trade and industry.’
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