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paper money

currency in paper form, such as government and bank notes, as distinguished from metal currency.
Origin of paper money
1350-1400; Middle English Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for paper money
  • To protect themselves, savers are buying gold, getting rid of their paper money.
  • With its presses running nonstop, the bureau prints billions of dollars in paper money and billions of postage stamps annually.
  • paper money may lose its value, but gold is always worth something.
  • Fold different types of paper money in a different way.
  • Law's insight was that economic activity could be boosted by the use of paper money that was not backed by gold and silver.
  • And in an emergency gold is more likely to hold its value than paper money.
  • The era of paper money and floating exchange rates had arrived.
  • paper money only works, if enough people believe what it represents.
  • Its almost sad, yet comical to think gold will ever rival paper money.
  • But the currency school thought the problem was paper money and didn't see the problem with credit expansion.
British Dictionary definitions for paper money

paper money

paper currency issued by the government or the central bank as legal tender and which circulates as a substitute for specie
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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