HomeDefinitionsCompareDebt Bank noteThe financial definition for Bank note:A term used synonymously with paper money or currency issued by a bank. Notes are, in effect a promise to pay the bearer on demand the amount stated on the face of the note. Today, only the Federal Reserve Banks are authorized to issue bank notes, i.e. Federal Reserve notes, in the United States. Similar MatchesAAA BankAAA BankBanks are rated according to their credit worthiness by IBCA, Moodys investor service and Standard & Poors. The only AAA bank in the US is JP Morgan. Agency bankAgency bankA form of organization commonly used by foreign banks to enter the US market. An agency bank cannot accept deposits or extend loans in its own name; it acts as agent for the parent bank. It is also the financial institution that issues ADRs to the general market. Bank anticipation notes (BAN)Bank anticipation notes (BAN)Notes issued by states and issued to obtain interim financing for projects that will eventually be funded issued term through the sale of a issued issue. Further SuggestionsBank based corporate governance systemBank discount basis Bank draft Bank for International Settlements (BIS) Bank holding company Bank Insurance Fund (BIF) Bank Investment Contract (BIC) Click to compare definitions of Bank note Click to view definitions beginning ba |