bank note

Definition of "bank note"
  1. A form of money that a bank issues which promises to pay the amount stated on the note to whoever holds it, upon their request. Although it does not accrue interest, it circulates as legal tender
How to use "bank note" in a sentence
  1. The bank note was considered as legal money and was freely used for transactions.
  2. On conducting a business transaction, many people prefer handling bank notes over digital transfers.
  3. The perceived value of an obsolete bank note may rise among collectors, despite no longer being legal tender.

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