paper money


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Related to paper money: fiat money, plastic money, Commodity money
See: check, currency, debenture, instrument

PAPER MONEY. By paper money is understood the engagements to pay money which are issued by governments and banks, and which pass as money. Pardes. Dr. Com. n. 9. Bank notes are generally considered as cash, and win answer, all the purposes of currency; but paper money is not a legal tender if objected to. See Bank note, Specie, Tender.

References in periodicals archive ?
The movement was given further support by the Supreme Court decision of 1870, which reversed an earlier ruling and declared that the issuance of paper money as "legal tender" was constitutional.
That is, Pitt had usurped the remains of real physical money in Britain and replaced it with paper money.
The Baghdad scholars were using paper money and cheques and also had a health service centuries before anyone else.
Umer Ibrahim cleared the fact that inflation in the world is only due to corrupt paper money system that is also purely based on Riba and Allah clearly forbade man to restrain form Riba.
Many of the donations placed in our buckets were in the form of paper money.
It was while he was working on The Greenback: Paper Money and American Culture published by McFarland in 2010, that Tschachler (English and American studies, Alpen-Adria-U.
It was nonsense, of course, but he should be around now to reassure people about the Bank of England's shock decision to replace our paper money with plastic.
PRIDE AND PREJUDICE author Jane Austen will appear on PS10 notes from 2017, the Bank of England said following an outcry over a lack of women on paper money.
PRIDE And Prejudice author Jane Austen will appear on PS10 notes from 2017, the Bank of England said yesterday following a public outcry over a lack of women on paper money.
Competition-driven cost considerations and consumer-determined return expectations are absent from the calculus of paper money producers.
With the rising demand of dollar in domestic market investors are inclined to buy US paper money besides reports of US share market improvement has also put some pressure on gold prices globally, he added.
Timothy Geithner, Lew's predecessor, also had a messy signature, but a cleaned-up version was stamped on paper money.