Bank note is a term used synonymously with paper money or currency issued by a bank. Notes are, in effect, a promise to pay the bearer on demand the amount stated on the face of the note. Today, only the Federal Reserve Banks are authorized to issue bank notes, i. E. Federal Reserve notes, in the United States.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). bank note. Retrieved September 21, 2026, from http://smartdefine.org/bank_note/definitions/1148339 |
| Chicago | Barry Goldsmith. 2010. "bank note" http://smartdefine.org/bank_note/definitions/1148339 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, bank note, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/bank_note/definitions/1148339>. |
| MLA | Barry Goldsmith. "bank note" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/bank_note/definitions/1148339> |