Definition, Meaning & Synonyms
bank-note
noun
/ˈbæŋk.noʊt/
Definition
A banknote is a piece of paper currency issued by a bank that functions as money.
Examples
- He paid for his groceries with a bank-note.
- After withdrawing cash, she checked for counterfeit bank-notes.
Meaning
Banknotes are used as legal tender for transactions, representing a promise by the issuing bank to pay the bearer a specific amount of money.
Synonyms
- bill
- currency
- note
