paper money
noun
1.
currency in paper form, such as government and bank notes, as distinguished from metal currency.
Origin
1350-1400;
Middle English
Examples from the web for
paper money
To protect themselves, savers are buying gold, getting rid of their
paper money
.
With its presses running nonstop, the bureau prints billions of dollars in
paper money
and billions of postage stamps annually.
paper money
may lose its value, but gold is always worth something.
Fold different types of
paper money
in a different way.
Law's insight was that economic activity could be boosted by the use of
paper money
that was not backed by gold and silver.
And in an emergency gold is more likely to hold its value than
paper money
.
The era of
paper money
and floating exchange rates had arrived.
paper money
only works, if enough people believe what it represents.
Its almost sad, yet comical to think gold will ever rival
paper money
.
But the currency school thought the problem was
paper money
and didn't see the problem with credit expansion.
British Dictionary definitions for
paper money
paper money
noun
1.
paper currency issued by the government or the central bank as legal tender and which circulates as a substitute for specie