In older documents, also known as chartiaticum (paper money; paper fee)

Securities redeemable or irredeemable for precious metal, issued by a government agency or private individuals: Banknotes. – Irredeemable securities denominated in a specific amount (bank bills) with unlimited legal tender and compulsory acceptance in the respective currency area (fiat money: paper currency made legally tender by law or fiat [= it should be]; it is not backed by gold or silver and is not necessarily redeemable in coin). – See banknote management, banknote value restriction, validation, Bridge-Abney phenomenon, chip card, dead presidents, anti-counterfeiting protection, window money, monetary symbol, central bank, packaging effect, security strip, payment, means of payment, note. – Cf. on EU banknotes in detail ECB Monthly Bulletin of August 2004, p. 85 ff., ECB Monthly Bulletin of August 2005, p. 91 ff. (here further considerations also with regard to the future issue of the notes).

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