Definition of "paper currency" [paper currency]

• Currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie (noun)

WordNet. Princeton University. 2010.

• "But the men who fought at Kursk had all passed through the brutalising school at Bad Tölz, where the regime was such that the recruit had been turned out as if he had just been unpacked to hang on a Christmas tree, incredibly pink, fresh and teutonic, his well-flattened pockets containing only a modest supply of paper currency which did not bulge, his paybook, his handkerchief creased according to regulation, and one prophylactic."