bank note
Definition
Noun: A bank note is a piece of paper currency, a promissory note issued by a bank, especially a central bank, that is payable to the bearer on demand and serves as legal tender.
Usage
A bank note is used as a physical medium of exchange for goods and services. It represents a specific monetary value guaranteed by the issuing authority. * The cashier handed me a crisp new bank note. * The design on the bank note features a famous historical figure. * He paid for the antique map with an old bank note.
Examples
Advanced Usage
- "To issue a bank note": Refers to the action of a central bank putting new currency into circulation.
- The central bank will issue a new series of bank notes with enhanced security features next year.
- In financial contexts, the term can be used more formally to distinguish paper currency from coins or digital money.
- The transaction was settled in bank notes, not electronic transfer.
Variants and Related Words
- Note (noun): A common short form for "bank note."
- He paid with a twenty-pound note.
- Bill (noun, primarily North American English): A synonym for "bank note."
- She gave me a five-dollar bill.
- Banknote (noun): A common single-word variant with the same meaning.
- The new polymer banknote is more durable.
Synonyms
- Bill (US)
- Note
- Paper money
- Currency note
Related Phrases
- Legal tender: The official status of a bank note as an accepted medium for payment.
- These bank notes are legal tender for all debts, public and private.
- Counterfeit note: A fake or illegally produced bank note.
- The store clerk was trained to spot a counterfeit note.
Noun
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a piece of paper money (especially one issued by a central bank)
-
he peeled off five one-thousand-zloty notes
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