Bank notes include security features like holograms to protect against.

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'banknote.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Canadas notes are made of polymer, a durable plastic specifically made for bank notes. 2023 Ukraine's central bank unveiled a commemorative banknote on Thursday to mark one year since the start of Russia's full-scale invasion, with one side depicting three soldiers raising the national flag. It is used as a legal tender such that one can use it to pay others a specific amount of money. Banknotes are legal tender and can be used to settle any and all debts. 2023 The new banknote will take a number of years to be designed and printed. The term banknote refers to the negotiable promissory note the central bank issues. Definition: A Bank note, also called paper money or bills, is a form of bearer promissory note issued by a bank and payable on request. Carlos Mureithi, The Christian Science Monitor, 24 Feb. a promissory note, payable on demand, issued by an authorized bank and intended to circulate as money. 2023 In recent weeks, a sudden change to new banknotes has caused a massive shortage of cash, preventing people from buying basics such as food, water, and bus fares. 2023 Citizens were asked to turn in their old banknotes but have since struggled to get their hands on the new versions, sparking long lines outside banks nationwide and violent protests in some areas. 2023 In his address last month, Buhari disclosed that around 80% of those funds had been returned to the banks since the unveiling of the new banknotes in November. The largest denomination Federal Reserve note ever issued for public circulation was the 10,000 note. 2023 The new banknote will take a number of years to be designed and printed. The Federal Reserve Board currently issues 1, 2, 5, 10, 20, 50, and 100 notes. 2023 Meanwhile, the current $5 bill will continue to be circulated and remain legal tender even after the introduction of the new banknote, according to the RBA.

Recent Examples on the Web He is now faced with the task of making Nigeria a better place to live in, first by tackling the chronic cash crisis in the country after the introduction of new banknotes. A bank note is a promissory note issued by a bank.

Whats a bank note