noun
excess issue of banknotes; overissue of banknotes
A technical finance term referring to the issuance of banknotes beyond the legal or authorized limit.
中央銀行が限外発行を行うには、政府の承認が必要だ。
The central bank needs government approval to carry out an excess issue of banknotes.
Compound of 限外 (げんがい, 'outside the limit') and 発行 (はっこう, 'issue'). The exact historical derivation is uncertain; the term is used in financial contexts.