bank paper

American  

noun

1. drafts, bills, and acceptances payable by banks.

2. commercial paper that may be discounted in a bank.

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Etymology

Origin of bank paper

First recorded in 1780–90

Example Sentences

See Examples For:

bank paper

So long as bank paper retains this quality it is a substitute for money.

From Monopolies and the People by Cloud, D. C.

The Bank of England notes were 20,000,000 l.; country bank paper, 23,000,000 l.; gold, 4,000,000 l.; and, silver, 7,000,000 l.

From Maxims and Opinions of Field-Marshal His Grace the Duke of Wellington, Selected From His Writings and Speeches During a Public Life of More Than Half a Century by Francis, George Henry

You were sitting on the hearthrug playing, like a silly baby, with a servant, were you not, and the floor all scattered with gold and bank paper?

From The Works of Robert Louis Stevenson - Swanston Edition Vol. 20 (of 25) by Stevenson, Robert Louis

This has caused such powerful invasions of bank paper, like sudden and succeeding flights of birds of prey and passage, and the rapid disappearance of specie at its approach.

From The Works of Daniel Webster, Volume 1 by Webster, Daniel

These speculations were fostered by the increasing volume of bank paper.

From The Continental Monthly, Vol. 4, No. 4, October, 1863 Devoted to Literature and National Policy by Various