BANK BILL • DICTIONARY ONE.COM • Definition of Bank bill

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/bæŋk bɪl/ Listen

noun

Bank bill n.

In America (and formerly in England), a promissory note of a bank payable to the bearer on demand, and used as currency; a bank note.

In England, a note, or a bill of exchange, of a bank, payable to order, and usually at some future specified time. Such bills are negotiable, but form, in the strict sense of the term, no part of the currency.

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Etymology of 'Bank bill'

Collaborative International Dictionary of English 0.48

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"Bank bill" Quotes from Famous Books

... party was compelled to make use of more popular language, which caused it to lose some of its influential members, who were easily alarmed by words, though they had borne philosophically with violent things. For five years after the veto of the Bank Bill, in 1832, the Democratic party was essentially radical in its tone, without doing much of a radical character. In 1837, the monetary troubles came to a head, and then it was seen how little reliance could ...

— Atlantic Monthly, Vol. 3, No. 18, April, 1859 - [Date last updated: August 7, 2005] • Various

... Mr. Chase's bank bill, prospective of money, and as many say, prospective of presidency, passed the house. What fools are they already begin to direct their steps and their ardent wishes ...

— Diary from November 12, 1862, to October 18, 1863 • Adam Gurowski