banknote /(băṉk"nōt`)/

bank·note

banknote

  1. A promissory note issued by a bank or banking company, payable to the bearer on demand. See also sense 4.
  2. Formerly, a promissory note made by a banker, or banking company, payable to a specified person at a fixed date; a bank bill. See Bank bill, 2. [Obs.]
  3. A promissory note payable at a bank.
  4. A promissory note issued by an authorized bank, payable to the bearer on demand and intended to circulate as government-authorized money; in the United States such notes may only be issued by a Federal Reserve Bank; as, he peeled off five one-thousand-zloty banknotes.