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Paper money   /pˈeɪpər mˈəni/   Listen
Paper money

noun
1.
Currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie.  Synonyms: folding money, paper currency.






WordNet 3.0 © 2010 Princeton University








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"Paper money" Quotes from Famous Books



... nation; which on general principles was a good thing, because a large number of people at that time indulged the fiction that as the Government was paying its debts, a good way to do it would be to print more paper money. It was the Finance Minister's opportunity to instruct us, that the Government was not paying debts—but making it possible to pay wages. Unless the surplus of every man's earnings was invested in Victory Bonds there ...
— The Masques of Ottawa • Domino

... crossed a creek and the horses were drinking, Bob said: "Father thinks General Ward's a crank. He says Ward will keep harping on about those war bonds, and quarrelling because the soldiers got their pay in paper money and the bondholders in gold, until people will think every one in high places is ...
— A Certain Rich Man • William Allen White

... articles unsatisfactory. The States were almost independent of the central government. There was no separate executive power to enforce, and no judiciary to interpret the laws. The nation was deep in debt, and without means for payment. Paper money of the period was worthless, and debtors were rebellious. Disputes between the various States brought them to the verge of civil war. Each State had its own system of duties and imposts, which led to great confusion in ...
— Our Government: Local, State, and National: Idaho Edition • J.A. James

... allowed to occur in the British Empire, though, doubtless, they were to be expected under governments which had injured the market so greatly in the past by repudiating their bargains. Their debased silver currency and their worthless paper money were an absolute ...
— People of Position • Stanley Portal Hyatt

... just to add that the count de Tendilla redeemed his promises like a loyal knight; and this miracle, as it appeared in the eyes of Fray Antonio Agapida, is the first instance on record of paper money, which has since inundated the civilized world ...
— Chronicle of the Conquest of Granada • Washington Irving


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