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Definition of "bank note" [bank note]

  • A note issued by a bank representing its promise to pay a specific sum to the bearer on demand and acceptable as money. Also called bank bill. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Use "bank note" in a sentence
  • "He had not at that time one friend to present his poem at court, yet the Queen, notwithstanding this act of ceremony was wanting, in a few days after publication, sent him a bank note of fifty-pounds, by lord North and Guildford; and her permission to write annually on the same subject, and that he should yearly receive the like present, till something better should be done for him."