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

  dollar bill \dollar bill\
     A paper note printed by the Treasury, or by one of the
     Federal Reserve Banks under authority of the treasury, having
     the value of one dollar. Also five dollar bill, ten dollar
     bill, etc.: notes with the value of five, ten, etc. dollars.
     Prior to 1964 such notes could be redeemed for the equivalent
     dollar value in silver coins, but in that year the backing of
     the currency with silver was discontinued. Such notes not
     convertible into precious metals at a fixed rate are called
     "fiat money", receiving their value solely from the good
     faith of the issuing government and the confidence of those
     using the currency.

From WordNet (r) 3.0 (2006) :

  dollar bill
      n 1: a piece of paper money worth one dollar [syn: dollar,
           dollar bill, one dollar bill, buck, clam]

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