Glossary

Banknotes

11.04.08

A banknote is a kind of negotiable instrument, a promissory note made by a bank payable to the bearer on demand, used as money, and in many jurisdictions is legal tender. Along with coins, banknotes make up the cash or bearer forms of all modern money. With the exception of non-circulating high-value or precious metal commemorative issues, coins are generally used for lower valued monetary units, while banknotes are used for higher values. Printed electronics can be used as a means of providing security, whether covert or overt.

Source: Wikipedia
URL: http://en.wikipedia.org/wiki/Banknotes

Related Printed Electronics:

    Loading, Please Wait..