paper currency - Definition | Dictionary definition of paper currency

Definition of paper currency

currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie

Types:: show 11 types...; hide 11 types...; fractional currency
paper currency in denominations less than the basic monetary unit; fiat money
money that the government declares to be legal tender although it cannot be converted into standard specie; Federal Reserve note, bank bill, bank note, banker's bill, banknote, bill, government note, greenback, note
a piece of paper money (especially one issued by a central bank); silver certificate
formerly a bank note issued by the United States Treasury and redeemable in silver; c-note, hundred dollar bill
a United States bill worth 100 dollars; fifty, fifty dollar bill
a United States bill worth 50 dollars; twenty, twenty dollar bill
a United States bill worth 20 dollars; ten dollar bill, tenner
a United States bill worth 10 dollars; five dollar bill, five-spot, fiver
a United States bill worth 5 dollars; two dollar bill
a United States bill worth 2 dollars; buck, clam, dollar, dollar bill, one dollar bill
a piece of paper money worth one dollar

Type of:: currency
the metal or paper medium of exchange that is presently used