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Definition of Paper currency
1. Noun. Currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie.
Generic synonyms: Currency
Specialized synonyms: Fractional Currency, Fiat Money, Bank Bill, Bank Note, Banker's Bill, Banknote, Bill, Federal Reserve Note, Government Note, Greenback, Note
Lexicographical Neighbors of Paper Currency
Literary usage of Paper currency
Below you will find example usage of this term as found in modern and/or classical literature:
1. A Treatise on Currency and Banking by Condy Raguet (1840)
"OF FLUCTUATIONS IN THE MARKET PRICE OF SPECIE AND OF BILLS OF EXCHANGE UNDER AN
INCONVERTIBLE paper currency. As soon as a general stoppage of specie ..."
2. The Papers of Lewis Morris, Governor of the Province of New Jersey from 1738 by Lewis Morris, William Adee Whitehead (1852)
"Experience has I think sufficiently shewn that, in all those places where a paper
Currency has been, that the bills have fallen dayly in their ..."
3. The Financial Organization of Society by Harold Glenn Moulton (1921)
"Similarly, there has been a prolonged controversy over the advantages and the
practicability of inconvertible paper currency, or what may be called the ..."
4. Publications by English Dialect Society (1911)
"NOTE TO "A SCHEME FOR A paper currency." One copy alone is known to have been
preserved of " A scheme for a paper currency," and this has found its way into ..."
5. Merchants' Magazine and Commercial Review by William B. Dana (1853)
"The Grand Duchy of Baden bas a paper currency to the extent of 8000000 florins,
being equal to ... The total amount of paper currency of the several States ..."
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