- banknote
- banknote ank"note`, bank note ank"
note`(b[a^][ng]k"n[=o]t`).
1. A promissory note issued by a bank or banking company,
payable to the bearer on demand. See also sense 4.
[1913 Webster]
Note: In the United States popularly called a {bank bill}. [1913 Webster]
2. 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. [Obs.] [1913 Webster]
3. A promissory note payable at a bank. [1913 Webster]
4. A promissory note issued by an authorized bank, payable to the bearer on demand and intended to circulate as government-authorized money; in the United States such notes may only be issued by a Federal Reserve Bank; as, he peeled off five one-thousand-zloty banknotes.
Syn: bill, note, government note, bank bill, banker's bill, bank note, Federal Reserve note, greenback. [1913 Webster +PJC]
The Collaborative International Dictionary of English. 2000.
