paper money
paper money
bank notes, bills, cash
Paper Money
Banknote
A
banknote (often known as a
bill,
paper money, or simply a
note) is a type of
negotiable instrument known as a
promissory note, made by a
bank, payable to the bearer on demand. Banknotes were originally issued by commercial banks, who were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have been replaced by national banknotes issued by
central banks.
paper money
Noun
1. currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie
(synonym) folding money, paper currency
(hypernym) currency
(hyponym) fractional currency
Paper money
Paper money- (Econ) Tiền giấy.
+ Thuật ngữ khái quát chỉ tiền ở dạng giấy bạc ngân hàng.
(C) 2007 www.TừĐiểnTiếngViệt.net
paper-money
paper money
eskenās
Creative Commons AttributionShareAlike CC BY-SA