banknote

noun
bank·​note | \ ˈbaŋk-ˌnōt How to pronounce banknote (audio) \

Definition of banknote

: a promissory note issued by a bank payable to bearer on demand without interest and acceptable as money

Keep scrolling for more

Synonyms for banknote

Synonyms

Visit the Thesaurus for More 

Examples of banknote in a Sentence

the new nation immediately printed up its own banknotes
Recent Examples on the Web Meantime, the total value of A$100 notes -- Australia’s largest banknote -- in circulation jumped 14.1% in August from a year earlier, the fastest pace in 29 years. Michael Heath, Bloomberg.com, "Nervous Households Sitting on Cash Slow Australia’s Recovery," 9 Sep. 2020 That – combined with the town’s savings – helped established the banknote operation. Greg Norman | Fox News, Fox News, "Italian town printing its own money to help residents in need during coronavirus lockdown," 28 Apr. 2020 The Queen first appeared on a banknote in 1935, when Canada produced a series showing an image of the then Princess Elizabeth aged just eight. Phil Boucher, PEOPLE.com, "Queen Elizabeth’s Rare 1963 Portraits Taken for Banknotes Are Up for Auction," 17 Apr. 2020 The government suddenly banned certain banknotes in 2016, a strategy that sent shockwaves through the economy. John Detrixhe, Quartz India, "Cashless payments are growing faster in India than just about anywhere else," 12 Nov. 2019 Despite assurances from public health officials, some retailers are banning banknotes. Barnini Chakraborty, Fox News, "Businesses banning banknotes, asking customers to use credit, debit cards," 21 Mar. 2020 Queen Elizabeth’s portrait has appeared on banknotes in every continent — apart from Antarctica — during her 68-year reign. Phil Boucher, PEOPLE.com, "Queen Elizabeth’s Rare 1963 Portraits Taken for Banknotes Are Up for Auction," 17 Apr. 2020 Central banks have also given banknotes a bad name. John Detrixhe, Quartz, "Paper currency is one of the few things Brits aren’t hoarding," 27 Mar. 2020 Cardboard isn’t a perfect representation of banknote paper, but both are porous surfaces. Emily Bamforth, cleveland, "Cash and coronavirus; Here’s what precautions to take when handling money, credit cards," 21 Mar. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'banknote.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

See More

First Known Use of banknote

1695, in the meaning defined above

Keep scrolling for more

Learn More about banknote

Time Traveler for banknote

Time Traveler

The first known use of banknote was in 1695

See more words from the same year

Statistics for banknote

Last Updated

14 Sep 2020

Cite this Entry

“Banknote.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/banknote. Accessed 22 Sep. 2020.

Keep scrolling for more

More Definitions for banknote

banknote

noun
How to pronounce banknote (audio)

English Language Learners Definition of banknote

: a piece of paper money

bank note

Legal Definition of bank note

see note

More from Merriam-Webster on banknote

Thesaurus: All synonyms and antonyms for banknote

Britannica English: Translation of banknote for Arabic Speakers

Comments on banknote

What made you want to look up banknote? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

Test Your Vocabulary

Homophone Quiz

  • three bears two of them look like theyre whispering to a third bear who looks chuffed to be the center of attention
  • In order to judge how people felt, the senator's office hired a firm to take a ______.
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Bee Cubed

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!