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Federal Reserve note |
Also found in: Financial, Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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Federal Reserve note n
(Economics, Accounting & Finance / Banking & Finance) a bank note issued by the Federal Reserve Banks and now serving as the prevailing paper currency in circulation in the US ThesaurusLegend: Synonyms Related Words Antonyms
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| Eventually Americans became saddled with Federal Reserve Notes -- "Fiat Money" untethered from gold, backed only by government force. In keeping with their strategy of maintaining the security of Federal Reserve notes by enhancing the design of U. The basic design of the Series-1929 Federal Reserve note required very few security features. |
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