Federal Reserve note

Federal Reserve note definition - business

Federal Reserve note

Paper currency issued by the Federal Reserve. Federal Reserve notes serve as legal tender for all debts and make up nearly all the circulating currency in the United States.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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