What is "bank of issue"

Issue \Is"sue\ ([i^]sh"[-u]), n. [OF. issue, eissue, F. issue, fr. OF. issir, eissir, to go out, L. exire; ex out of, from + ire to go, akin to Gr. 'ie`nai, Skr. i, Goth. iddja went, used as prefect of gaggan to go. Cf. Ambition, Count a nobleman, Commence, Errant, Exit, Eyre, Initial, Yede went.]

1. The act of passing or flowing out; a moving out from any inclosed place; egress; as, the issue of water from a pipe, of blood from a wound, of air from a bellows, of people from a house.

2. The act of sending out, or causing to go forth; delivery; issuance; as, the issue of an order from a commanding officer; the issue of money from a treasury.

3. That which passes, flows, or is sent out; the whole quantity sent forth or emitted at one time; as, an issue of bank notes; the daily issue of a newspaper.

4. Progeny; a child or children; offspring. In law, sometimes, in a general sense, all persons descended from a common ancestor; all lineal descendants.

   If the king Should without issue die.
   --Shak.

5. Produce of the earth, or profits of land, tenements, or other property; as, A conveyed to B all his right for a term of years, with all the issues, rents, and profits.

6. A discharge of flux, as of blood.
   --Matt. ix. 20.

7. (Med.) An artificial ulcer, usually made in the fleshy part of the arm or leg, to produce the secretion and discharge of pus for the relief of some affected part.

8. The final outcome or result; upshot; conclusion; event; hence, contest; test; trial.

   Come forth to view The issue of the exploit.
   --Shak.

   While it is hot, I 'll put it to the issue.
   --Shak.

9. A point in debate or controversy on which the parties take affirmative and negative positions; a presentation of alternatives between which to choose or decide; a point of contention; a matter in controversy.

10. (Law) In pleading, a single material point of law or fact depending in the suit, which, being affirmed on the one side and denied on the other, is presented for determination. See General issue, under General, and Feigned issue, under Feigned.
    --Blount. Cowell.

    At issue, in controversy; disputed; opposing or contesting; hence, at variance; disagreeing; inconsistent.

    As much at issue with the summer day As if you brought a candle out of doors.
    --Mrs. Browning.

    Bank of issue, Collateral issue, etc. See under Bank, Collateral, etc.

    Issue pea, a pea, or a similar round body, used to maintain irritation in a wound, and promote the secretion and discharge of pus.

    To join issue, or To take issue, to take opposing sides in a matter in controversy.

Bank \Bank\, n. [F. banque, It. banca, orig. bench, table, counter, of German origin, and akin to E. bench; cf. G. bank bench, OHG. banch. See Bench, and cf. Banco, Beach.]

1. An establishment for the custody, loan, exchange, or issue, of money, and for facilitating the transmission of funds by drafts or bills of exchange; an institution incorporated for performing one or more of such functions, or the stockholders (or their representatives, the directors), acting in their corporate capacity.

2. The building or office used for banking purposes.

3. A fund to be used in transacting business, especially a joint stock or capital.

   Let it be no bank or common stock, but every man be master of his own money.
   --Bacon.

4. (Gaming) The sum of money or the checks which the dealer or banker has as a fund, from which to draw his stakes and pay his losses.

5. In certain games, as dominos, a fund of pieces from which the players are allowed to draw; in Monopoly, the fund of money used to pay bonuses due to the players, or to which they pay fines.

6. a place where something is stored and held available for future use; specifically, an organization that stores biological products for medical needs; as, a blood bank, an organ bank, a sperm bank.

   Bank credit, a credit by which a person who has given the required security to a bank has liberty to draw to a certain extent agreed upon.

   Bank of deposit, a bank which receives money for safe keeping.

   Bank of issue, a bank which issues its own notes payable to bearer.

n. A bank which issues its own notes payable to bearer.