Bănk'-nōte, n.

n. A promissory note issued by a bank or banking company, payable to bearer on demand, and intended to circulate as money. Byles. ☞ Such notes, in England and America, form a large part of the currency. In America, they are popularly termed bank-bills. Strictly speaking, a bank-note is not money, but by common usage and general consent it is received and treated as money. Wharton. Burrill. McCulloch.