markitect-main/examples/infospace-with-history/output/entities/public-bank-revenue.md

Public Bank Revenue

Definition

The income generated by a sovereign through the operation of a public bank, derived from the difference between the interest charged on loans and the interest paid on deposits, plus any management fees and profits from banking operations.

Source Chapter

Book V, Chapter 2

Context

Smith discusses how public banks in cities like Hamburg, Venice, and Amsterdam have provided revenue to their respective governments, noting that such institutions require careful management to be successful.

Economic Domain

General Theory

---