[1] : The Collaborative International Dictionary of English v.0.48

bank bill \bank" bill`\ ba^ngk" bi^l`.
   1. 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.
      1913 webster

   2. 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.
      1913 webster

[2] : The Collaborative International Dictionary of English v.0.48

banknote \bank"note`\, bank note \bank"
note`\ba^ngk"n=ot`.
   1. a promissory note issued by a bank or banking company,
      payable to the bearer on demand. see also sense 4.
      1913 webster

   note: in the united states popularly called a bank bill.
         1913 webster

   2. formerly, a promissory note made by a banker, or banking
      company, payable to a specified person at a fixed date; a
      bank bill. see bank bill, 2. obs.
      1913 webster

   3. a promissory note payable at a bank.
      1913 webster

   4. a promissory note issued by an authorized bank, payable to
      the bearer on demand and intended to circulate as
      government-authorized money; in the united states such
      notes may only be issued by a federal reserve bank; as, he
      peeled off five one-thousand-zloty banknotes.

   syn: bill, note, government note, bank bill, banker's bill,
        bank note, federal reserve note, greenback.
        1913 webster +pjc
see also:
bank bill bank bill 

[3] : WordNet (r) 2.0

bank bill
     n : a piece of paper money especially one issued by a central
         bank; "he peeled off five one-thousand-zloty notes"
         syn: bill, note, government note, banker's bill,
          bank note, banknote, federal reserve note, greenback
see also:
bill note government note banker's bill bank note banknote 
federal reserve note greenback 

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