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a promissory note, payable on demand, issued by an authorized bank and intended to circulate as money.
Contemporary Examples

We have security features in the banknote today that resonate with the international community.
All About the Benjamins: Here’s the Redesigned $100 Bill Daniel Gross October 6, 2013

Now, you’re going to have to excuse the Royalist’s idiocy, but I didn’t even know there was a £100 banknote.
Queen’s Head on New £100 Note Tom Sykes May 29, 2012

Historical Examples

Cherami unfolded the banknote which he held in his hand, and was thunderstruck when he saw that it was for a thousand francs.
Monsieur Cherami Charles Paul de Kock

When she shook hands with him Nancy had the banknote ready and she left it in his hand.
A Little Miss Nobody Amy Bell Marlowe

Two years ago this fall, father threw me a banknote at table, and I purchased this with it.
A Confederate Girl’s Diary Sarah Margan Dawson

His jaw was set as he pulled off banknote after banknote in the tense silence which had fallen.
‘Me-Smith’ Caroline Lockhart

The lowest bribe given, it was said, was a banknote for two hundred pounds.
Critical and Historical Essays, Volume III (of 3) Thomas Babington Macaulay

Anyone would cash a cheque of Dunns’: it is as good as a banknote.
Mrs. Halliburton’s Troubles Mrs. Henry Wood

I told her how you had given the banknote to me; it moved my darling to tears.
Father Goriot Honore de Balzac

Lockley put a banknote on the kitchen table, with a weight on it to keep it from blowing away.
Operation Terror William Fitzgerald Jenkins

a promissory note issued by a central bank, serving as money


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