兌だ換かん銀ぎん行こう

だ

か

ん

ぎ

ん

こ

う

Meanings

1

noun

bank of issue

A bank authorized to issue banknotes, typically convertible into specie (gold or silver). Used in historical and economic contexts.

日本にほん銀ぎん行こうは兌だ換かん銀ぎん行こうとして設せつ立りつされた。
The Bank of Japan was established as a bank of issue.

exchange

換interchange, period, change

銀silver

行going, journey, carry out

Etymology

Compound of 兌換 (だかん, 'conversion') and 銀行 (ぎんこう, 'bank'). The term reflects the historical practice of issuing banknotes convertible into precious metals.