Meaning of “paper money” in the English Dictionary

british dictionary

"paper money" in British English

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paper moneynoun [ U ]

uk /ˌpeɪ.pə ˈmʌn.i/ us /ˌpeɪ.pɚ ˈmʌn.i/

Examples from literature

  • That meant the paper money was worth a certain amount of gold. 
  • Under the gold standard, you could go to a bank, give them your paper money, and ask for gold. 
  • When paper money was invented, it was often with a gold standard. 

(Definition of “paper money” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"paper money" in Business English

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paper moneynoun [ U ]

uk us also paper currency MONEY

money in the form of paper, rather than coins or credit cards:

The US has recently redesigned all of its paper money to fight against counterfeiting.

(Definition of “paper money” from the Cambridge Business English Dictionary © Cambridge University Press)

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