Definition of banknote in English:

Share this entry

banknote

Pronunciation: /ˈbaNGkˌnōt/
(also bank note)

noun

A piece of paper money, constituting a central bank’s promissory note to pay a stated sum to the bearer on demand: is the $1 bill the only banknote with George Washington’s picture on it?
More example sentences
  • Those means cannot be provided by printing banknotes and by credit on the bank books.
  • Its foremost vehicle in continental Europe is the issue of non-redeemable legal tender banknotes.
  • It is, therefore, something of a misnomer to speak of the transfer of funds as there is no actual transfer of coins and banknotes from the payer to the payee.
Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.