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Paper Money

Defined in 4 dictionaries — Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The engagements to pay money which are issued by governments and banks, and which pass as money. Pardesus, Dr. Com. note 9. Bank notes are generally considered as cash, and will answer all the purposes of currency; but paper money is not a legal tender if objected to. See "Legal Tender."

Ballentine's Law Dictionary

James A. Ballentine · 1916

Same as Greenbacks.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

The engagements to pay money which are issued by governments and banks, and which pass as money, Pardessus, Droit. Com. n. 9. Bank-notes are generally considered as cash, and will answer all the purposes of currency; but paper money is not a legal tender if objected to. But see Legal Tender. See National Banks; Money; Gold.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

Bills drawn by a government against its own credit, engaging to pay money, but which do not profess to be immediately convertible into specie, and which are put into compulsory circulation as a substitute for coined money.

Defined under Paper in Black's Law Dictionary.