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- DictionaryPa·per mon·ey/ˈpāpər ˌmənē/
noun
- 1. money in the form of banknotes.
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noun
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A banknote – also called a bill, paper money, or simply a note – is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These c... Wikipedia