banknotes
Word family
Synonym discussion
Sense: noun/1
Banknotes, bills, notes, cash, and currency all refer to forms of money, but they differ in scope and register. Banknotes is the formal term for paper money issued by a central bank. Bill is the everyday American English word for the same thing (a five-dollar bill), while note is its British equivalent (a five-pound note). Cash is broader — it covers both banknotes and coins, and emphasises physical money rather than card or digital payment. Currency is the most general term, referring to the entire money system of a country (the currency of Japan is the yen), and includes both coins and banknotes.
Common collocations
Phrases
- a bundle of banknotes
- a wad of banknotes
Etymology
Formed in English from 'bank' (ultimately from Italian banca, meaning a money-changer's bench or table) and 'note' (from Latin nota, meaning a mark or written message). The earliest banknotes appeared in the late 1600s as written promises from a bank to pay the bearer a set sum, and the compound word followed soon after.