paper money


: money consisting of government notes and banknotes

Examples of paper money in a Sentence

Recent Examples on the Web His party cruised to a landslide victory in Uttar Pradesh in 2017, months after a demonetization plan abruptly canceled nearly 90% of the country’s paper money, damaging the country’s economy and forcing people to stand in line at banks for weeks to exchange cash. Rajesh Roy, WSJ, 10 Feb. 2022 Enlarge / General characteristics of paper money printed by Franklin and his network. Beth Mole, Ars Technica, 18 July 2023 Can OpenAI remain a going concern without Microsoft? OpenAI commands a soaring valuation thanks to its tender offers with venture capital firms, but this is just paper money based on share sales from existing employees, founders, and earlier investors. Jeremy Kahn, Fortune, 19 Nov. 2023 Served alongside it is a side of collard greens and freshly baked cornbread; the greens are a symbol of paper money, while the cornbread represents gold. Paige Grandjean, Southern Living, 9 Nov. 2023 In his Autobiography, Franklin mentions the success of his essay promoting the use of paper money. IEEE Spectrum, 29 July 2023 Laymen were understandably skeptical at first, because paper money was unfamiliar—the cryptocurrency of its time. IEEE Spectrum, 29 July 2023 And the Chinese have a history of burning paper money and precious objects for the dead to take to the afterlife. Conor Feehly, Discover Magazine, 8 June 2023 The potential launch of a CBDC is much bigger than politics, and a CBDC is not simply the digital version of paper money. Norbert Michel, Forbes, 18 Apr. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'paper money.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1691, in the meaning defined at sense 1

Time Traveler
The first known use of paper money was in 1691

Dictionary Entries Near paper money

Cite this Entry

“Paper money.” Dictionary, Merriam-Webster, Accessed 21 Apr. 2024.

Kids Definition

paper money

: money consisting of government notes and bank notes

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