| 单词 | bank note |
| 释义 | bank noteDefinitions 1. Paper currency of a country issued by its central bank. Also called currency note. 2. Unsecured, interest bearing, payable on demand promissory note issued by a bank in large denominations ($100,000 and above). Bank notes are similar to bonds and, like a certificate of deposit (CD), may be used as a cash equivalent. They, however, are not protected under deposit insurance. Use 'bank note' in a SentenceWe try as much as possible to not use any more bank notes and instead use free cash flow from the company to fund expenses. I still had my bank note and it told me a few things that I needed to know about the current state of my account. Historically, banks used to issue a bank note as a promise to pay gold or silver coins to a customer who presents the note to the bank. |
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