The Collaborative International Dictionary
banknote \bank"note`\, bank note \bank" note`\(b[a^][ng]k"n[=o]t`).
A promissory note issued by a bank or banking company, payable to the bearer on demand. See also sense 4.
Note: In the United States popularly called a bank bill.
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.]
A promissory note payable at a bank.
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.
Usage examples of "bank bill".
With it fluttered out a bank bill, which fell to the ground apparently unobserved by the owner.