- A promissory note issued by a bank or banking company,
payable to bearer on demand. - 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. - A promissory note payable at a bank.
Meaning of 'bank note' (Princeton's WordNet)
1 . bank note
[ n]
Meaning (1): - a piece of paper money (especially one issued by a central bank)
Bank note 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