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

If a further issue of United States notes were authorized, it would be at once followed by the issue of more bank paper, and then we would have the wildest speculation.

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

But an operating deposit is a totally different matter, by which the circulation of the bank paper is promoted, and which acquires actual value from the frequency of its fluctuations.

From Blackwood's Edinburgh Magazine, Volume 56, Number 350, December 1844 by Various

A stamp and an address will satisfy the postal authorities; ink, paper, and indubitable signature—these are requisites in bank paper.

From The Scrap Book. Volume 1, No. 2 April 1906 by Various

I have called the actual circulation of bank paper in the United States, two hundred millions of dollars.

From Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson, Volume 4 by Randolph, Thomas Jefferson

We both concurred in ascribing it chiefly to the flood of bank paper now afloat, and in condemning those institutions.

From Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson, Volume 4 by Randolph, Thomas Jefferson