What is BANK NOTE?

1. paper money issued by the central bank. AKA currency note. 2. interest on a note that is over $100,000. It can be used as cash but are not protected by deposit insurance.

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Related Legal Terms
CENTRAL BANK, CAPITAL NOTE, EUROPEAN CENTRAL BANK (ECB), CONTINGENT SURPLUS NOTE (CSN), FLOATING RATE NOTE (FRN), SAVINGS BANK, BANK INSURANCE FUND (BIF), RANGE FLOATING RATE NOTE (FRN), VARIABLE RATE DEMAND NOTE, TREASURY NOTE


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