A banknote is a type of negotiable instrument known as a promissory note, made
by a bank, ... Paper money originated in two forms: drafts, which are receipts for
value held on account, and "bil...
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Paper bills were first used by the Chinese, who started carrying folding money
during the Tang Dynasty (A.D. 618-907) — mostly in the form of privately issued ...
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A country's official, paper currency that is circulated for transaction-related
purposes. The printing of paper money is typically regulated by a country's