Definition, synonyms and related words
A bank, especially that of Venice; formerly used to indicate bank money, as distinguished from the current money when it has become depreciated.
"The merchant refused to accept the old coins and demanded payment in banco instead, since the local currency had lost so much value over the years."
Being or relating to a type of court involving a bench of judges. Quite often, the Banco Court is an appeals court.
"The defendant argued that the final ruling came from the banco, emphasizing its role as the highest appellate body in the kingdom."