BANKNOTE

banknote. A bank-issued promissory note that is payable to bearer on demand and that may circulate as money. — Also written bank note. — Also termed bank bill. [Cases: Banks and

Banking  196–212. C.J.S. Banks and Banking § 250.] spurious banknote. 1. A banknote that is legitimately made from a genuine plate but that has

forged signatures of the issuing officers, or the names of fictitious officers. 2. A banknote that is not a legitimate impression from a genuine plate, or is made from a counterfeit plate, but that is signed by the persons shown on it as the issuing officers. — Also termed spurious bank bill.[Blacks Law 8th]