national banknote

noun

: a banknote issued by a national bank on the security of government bonds deposited with the U.S. Treasury and circulating as full legal tender

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Cite this Entry

“National banknote.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/national%20banknote. Accessed 22 Dec. 2024.

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