Federal Reserve note
- noun
- /ˈfɛdərəl rɪˈzɜrv noʊt/
- US
- A Federal Reserve note is accepted as legal tender for purchases across the United States.
- accounts with Federal Reserve notes
There is a unique serial number on every Federal Reserve note.
- There is a unique serial number on every Federal Reserve note.
- If you look at the dollars in your in your wallet, they say Federal Reserve note, a note is a debt.
Examples
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When you look closely at the money in your wallet or purse, you will notice at the top of each bill, the words Federal Reserve note.
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There would be no Federal Reserve notes to pay off the interest charges.
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What good is getting a large dividend of Federal Reserve notes?
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For the most part, Federal Reserve notes owe their value strictly to their being useful as means of exchange.
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Federal Reserve notes in our wallets and purses are not constitutional money.
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You can identify a Federal Reserve note by the distinctive green seal printed on the front.
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When you receive change at the store, it is likely to include a Federal Reserve note.
Synonyms
Money made of paper that people use to pay for things
A paper bill used as money or a written promise to pay money
Money made of printed paper notes that a government uses
A paper U.S. dollar bill used as money
A paper form of money that people use to pay for things
Paper money issued by a central bank used to pay for things
Money in printed notes that people use instead of coins
Paper money issued by a country's central bank used to buy things
A piece of paper money issued by a central bank used to pay for things
A piece of paper used as money and issued by a central bank
Surface Forms
Morphology
The word 'note' clearly signals a paper currency and 'federal' + 'reserve' points to a government institution, so a learner can infer this is a government-issued banknote. However, understanding that 'Federal Reserve' refers specifically to the U.S. central bank (and thus the official U.S. banknote) requires encyclopedic or cultural knowledge beyond simple composition. Because the institutional proper-name reading is needed for full interpretation, the item is only partially predictable.
Etymology
Federal Reserve note comes from early banking: a note was a small paper that promised to pay, and these papers were issued by the Federal Reserve, the country's national bank. That's why Federal Reserve note means a US paper bill used as 'official money'.