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Wikipedia: A banknote (often known as a bill, paper money or simply a note) 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 used for lower valued monetary units, while banknotes are used for higher values.
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![A fifty-five dollar Continental issued in 1779. [A fifty-five dollar Continental issued in 1779.]](http://images.ookaboo.com/photo/s/Benjamin_Franklin_nature_printed_55_dollar_front_1779_s.jpg)
![Banknotes of 5000 denomination in different currencies including Franc, Yen, Lire, and Dollar [Banknotes of 5000 denomination in different currencies including Franc, Yen, Lire, and Dollar]](http://images.ookaboo.com/photo/s/Billets_de_5000_s.jpg)
![A sampling of banknotes from around the world [A sampling of banknotes from around the world]](http://upload.wikimedia.org/wikipedia/commons/5/59/Foreign_Banknotes_2.jpg)