A demand note issued by private banks presumably backed up by gold or silver coin.(noun)
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Use "banknote" in a sentence
"From security features, to the latest in banknote developments, the blog is a prime source for banknote information."
"The helper also receives tangible evidence of his kindness: a "banknote" - printable from the bank's website - offered by the grateful recipient in lieu of money, inscribed on the back with the date and nature of the deed."
"The bank's hands are tied by the so-called banknote rule, which limits long-term JGB buying to the amount of banknotes in circulation."