Bank"ing, n. The business of a bank or of a banker.
Banking house, an establishment or office in which, or a firm by whom, banking is done.
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.
In the United States popularly called a
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.
3. A promissory note payable at a bank.
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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Wed 02nd December 2020