PAPER-MONEY, noun Notes or bills issued by authority, and promising the payment of money, circulated as the representative of coin. We apply the word to notes or bills issued by a state or by a banking corporation; rarely or never to private notes or bills of exchange, though the latter may be included.
Content
Rights and sources
Review source, license and attribution information for this content.
Content
Webster's Dictionary 1828
American Dictionary of the English Language, Noah Webster, 1828.