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paper currency vs banknote

banknote vs paper currency

paper currency and banknote both are nouns.

Word NounAdjectiveVerbAdverb
paper currency Yes No No No
banknote Yes No No No
As nouns, banknote is a hyponym of paper currency; that is, banknote is a word with a more specific, narrower meaning than paper currency:
  • paper currency: currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie
  • banknote: a piece of paper money (especially one issued by a central bank)
paper currency (noun) banknote (noun)
currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie a piece of paper money (especially one issued by a central bank)
Difference between paper currency and banknote

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