Definição

• A term used to describe a promissory note issued by a bank, and made payable in coin to the bearer on de- mand. It is a circulating medium author- ized by law. Formerly bank notes, or bank bills, as they were sometimes called, were made payable to a particular individual and the date was limited.

Fonte

• Frey's Dictionary (American Journal of Numismatics, Vol. 50, 1916)

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