One of the mysteries of the English language finally explained.
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.’
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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