bank note
bank note
cash money, 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 Commercial banknotes have been replaced by national banknotes issued by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.
bank note
Noun
1. a piece of paper money (especially one issued by a central bank); "he peeled off five one-thousand-zloty notes"
(synonym) bill, note, government note, bank bill, banker's bill, banknote, Federal Reserve note, greenback
(hypernym) paper money, folding money, paper currency
(hyponym) silver certificate
Bank note
Formerly, a promissory note made by a banker, or banking company, payable to a specified person at a fixed date; a bank bill. See Bank bill, 2.
A promissory note payable at a bank.
A promissory note issued by a bank or banking company, payable to bearer on demand.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
About
Bank note
Bank note- (Econ) Giấy bạc của ngân hàng.
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