banknote

noun

bank·​note ˈbaŋk-ˌnōt How to pronounce banknote (audio)
: a promissory note issued by a bank payable to bearer on demand without interest and acceptable as money

Examples of banknote in a Sentence

the new nation immediately printed up its own banknotes
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
As of late 2024, Digital Rupee usage was about 0.006% of all total banknotes in circulation - though pilots had been running for nearly two years. Roger Huang, Forbes, 10 Mar. 2025 Any private or novelty banknotes featuring Trump or any other figure are merely commemorative items or collectibles with no official monetary value. Ross Rosenfeld, Newsweek, 26 Feb. 2025 Small-business owners like him were most affected by the Modi government’s mistakes, such as the surprise decision in 2016 to cancel large-currency banknotes, a misguided effort to curtail money laundering that left ordinary people desperate for cash. Robert F. Worth, The Atlantic, 2 Jan. 2025 Minnesota resident and YouTuber Dan, who runs the channel Polar Currency, shared the $1 continental banknote dated February 17, 1776. Joel Thayer, Newsweek, 27 Jan. 2025 See All Example Sentences for banknote

Word History

First Known Use

1695, in the meaning defined above

Time Traveler
The first known use of banknote was in 1695

Browse Nearby Words

Cite this Entry

“Banknote.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/banknote. Accessed 14 Mar. 2025.

Kids Definition

bank note

noun
: a note issued by a bank that must be paid without interest to anyone presenting it at any time and that may be used as money

Legal Definition

bank note

see note

Last Updated: - Updated example sentences
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