A promissory note issued by a bank or banker authorized to do so, payable to bearer on demand, and intended to circulate as money. Also written bank note. — Also termed bank bill.

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Black’s Law Dictionary 1st Edition, page 118:

BANK NOTE. A promissory note issued by a bank or authorized banker, payable to bearer on demand, and intended to circulate as money.

Black’s Law Dictionary 2nd Edition, page 117:

Bank­ note. A promissory note issued by a bank or authorized banker, payable to bearer on demand, and intended to circulate as money. Same as BANK-BILL, Bupra.

Black’s Law Dictionary 4th Edition, page 184:

Bank note. A promissory note issued by a bank or banker authorized to do so, payable to bearer on demand, and intended to circulate as money. Townsend v. People, 4 Ill. 328; Low v. People, 2 Park.Cr.R. (N.Y.) 37. See, also, Banker’s note.

In the early history of banks, their notes were generally denominated bills of credit. Briscoe v. Bank of the Com- monwealth of Kentucky, 11 Pet. 257, 9 L.Ed. 709.

Black’s Law Dictionary 7th Edition, page 141:

banknote. A bank-issued promissory note that is payable to bearer on demand and that may circulate as money. – Also written bank note. – Also termed bank bill.

Black’s Law Dictionary 8th Edition, page 441:

BANKNOTE

banknote. A bank-issued promissory note that is payable to bearer on demand and that may circulate as money. — Also written bank note. — Also termed bank bill. [Cases: Banks and Banking 196–212. C.J.S. Banks and Banking § 250.]

 

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