Banking

Bank"ing

, n. The business of a bank or of a banker.
[1913 Webster]

Banking house, an establishment or office in which, or a firm by whom, banking is done.
[1913 Webster]

bank"note`

,

bank" note`

(bk"nt`). 1. A promissory note issued by a bank or banking company, payable to the bearer on demand. See also sense 4.
[1913 Webster]

In the United States popularly called a bank bill.
[1913 Webster]

2. 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. [Obs.]
[1913 Webster]

3. A promissory note payable at a bank.
[1913 Webster]

4. A promissory note issued by an authorized bank, payable to the bearer on demand and intended to circulate as government-authorized money; in the United States such notes may only be issued by a Federal Reserve Bank; as, he peeled off five one-thousand-zloty banknotes.
Syn. -- bill, note, government note, bank bill, banker's bill, bank note, Federal Reserve note, greenback.
[1913 Webster +PJC]

 

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Mon 10th December 2018