A banknote -LRB- often known as a bill , paper money or simply a note -RRB- 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 .

A banknote -LRB- more commonly known as a bill in the LOCATION@1 and LOCATION@2 -RRB- is a paper by which a bank promises to pay to the bearer on demand .
