Economy, asked by azahridrisi05, 2 months ago

distinguishe between : Paper money and bank money​

Answers

Answered by adityarajsinhgohil99
0

Answer:

Paper money" suggests the physical currency, instead of using a bank card or credit card (plastic money). I think this phrase is going out of date quickly, seeing that (for example) my country uses polymer banknotes, and US dollars aren't technically paper, but cloth.

"Banknote" means a larger currency than coins.

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November 5, 2015

Татьяна

Thank you! You help me not for the first time. You are a good teacher :)

November 5, 2015 · Reply

Business English Ed

Professional Teacher

1

In the US, we don't use "bank note". It would be paper currency, or more commonly, paper money, or more commonly still, the amount combined with the word "bill": dollar bill, 20 dollar bill, etc,

November 5, 2015

Basil

1

From the Oxford dictionary:-

paper money: Money in the form of banknotes.

banknote: A piece of paper money, constituting a central bank’s promissory note to pay a stated sum to the bearer on demand.

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