Meaning of the word banknote in English

What does banknote mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

banknote

US /ˈbæŋk.noʊt/
UK /ˈbæŋk.noʊt/

Noun

1.

a piece of printed paper that has a particular value as money:

Example:
a £20 banknote
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