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2 definitions found
 for banknote
From The Collaborative International Dictionary of English v.0.48 :

  banknote \bank"note`\, bank note \bank"
  note`\(b[a^][ng]k"n[=o]t`).
     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]

From WordNet (r) 3.0 (2006) :

  banknote
      n 1: 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, bank bill, banker's
           bill, bank note, banknote, Federal Reserve note,
           greenback]

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