ANCAP

Definitions

Forex

  • A proposed alternative currency based on ammonium nitrate, copper, aluminum, and plywood. ANCAP is considered a commodity standard. That is, it links the value of currency directly to the value of certain commodities. ANCAP was developed by economist Robert Hall in 1982.
  • acronym forammonium nitrate, copper, aluminum, and plywood
http://www.dictionarycentral.com/definition/ancap.html