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

It is self-evident, therefore, that such certificates would be many times more stable in value than any form of bank paper yet devised.

From If Not Silver, What? by Bookwalter, John W.

From the 17th to the 21st of March, I had known of his being at Sunderland; the waiter had come requesting bank paper.

From The Trial of Charles Random de Berenger, Sir Thomas Cochrane, commonly called Lord Cochrane, the Hon. Andrew Cochrane Johnstone, Richard Gathorne Butt, Ralph Sandom, Alexander M'Rae, John Peter Holloway, and Henry Lyte for A Conspiracy In the Court of King's Bench, Guildhall, on Wednesday the 8th, and Thursday the 9th of June, 1814 by Gurney, William Brodie

This tax on state bank circulation was a practical prohibition of all state bank paper, and before the time fixed for the commencement of the tax, this circulation entirely disappeared.

From Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. by Sherman, John

It is with government paper, and bank paper, as it is with the paper of private persons; that is, it is worth just what can be delivered in redemption of it, and no more.

From A New Banking System The Needful Capital for Rebuilding the Burnt District by Spooner, Lysander

These heavy disbursements cannot be carried on merely by the ordinary bank paper and the gold and silver of the country.

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