bank note - Meaning in Kannada

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bank note - Meaning in Kannada

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Definitions and Meaning of bank note in English

bank note noun

1. a piece of paper money (especially one issued by a central bank)

   Synonyms

   Federal Reserve note, bank bill, banker's bill, banknote, bill, bill, government note, greenback, greenback, note

   ನೋಟು, ನೋಟ್

   Example

   • "he peeled off five one-thousand-zloty notes"

Description

A banknote—also called a bill, paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities.

Also see "Banknote" on Wikipedia

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