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banknote
noun
bank·note
ˈbaŋk-ˌnōt
: a promissory note issued by a bank payable to bearer on demand without interest and acceptable as money
Examples of banknote in a Sentence
the new nation immediately printed up its own banknotes
Recent Examples on the Web
Bank of Japan Governor Kazuo Ueda delivers a speech at the start of issuance of new yen banknotes at the Bank of Japan headquarters in Tokyo on July 3, 2024.
—Lim Hui Jie, CNBC, 30 July 2024
One half of all transactions in 2023 were made using banknotes and coins, according to Bundesbank.
—Sophie Tanno, CNN, 27 Oct. 2024
Last year, Australia opted to put an Indigenous design rather than an image of Charles on its new $5 bill, the last banknote that had featured the British monarchy.
—Hannah Peart, NBC News, 19 Oct. 2024
Japanese 10,000 yen banknotes arranged in Tokyo, Japan, on Saturday, Oct. 7, 2023.
—Lee Ying Shan, CNBC, 3 Oct. 2024
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Word History
First Known Use
1695, in the meaning defined above
Dictionary Entries Near banknote
Cite this Entry
“Banknote.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/banknote. Accessed 23 Nov. 2024.
Kids Definition
bank note
noun
: a note issued by a bank that must be paid without interest to anyone presenting it at any time and that may be used as money
Legal Definition
bank note
see note
More from Merriam-Webster on banknote
Britannica English: Translation of banknote for Arabic Speakers
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