Bank Note

Bank Note in Europe

Definition of Bank Note

A promissory note, made by a banker, payable on demand, and intended to be used as money. Bank of England notes are a legal tender in England for all sums over 5, except by the Bank or its branches (Bank of England Act, 1833). The issue in England of notes of less value than 5 is prohibited by the Bank Notes Act, 1826. Bank of England v. Vagliano ([1891] A. C. 107). Where a bill, note or cheque is payable to a fictitious or non-existent person it is payable to bearer. A fictitious or non-existent person includes a person bearing the payee’s name, but to whom the drawer did not intend payment to be made
A clerk of Vagliano’ s forged the name of X as drawer of bills of exchange purporting to be payable to one P, a living person, but not intending payment should be made to P. The bills were accepted by Vagliano, payable at the Bank of England. The clerk endorsed the bills with P’s name and obtained the money from the Bank. Held, the Bank was entitled to debit Vagliano’s account

Browse

You might be interested in these references tools:

Resource Description
Bank Note in the Dictionaries Bank Note in our legal dictionaries
Related topics Browse topics from the European Encyclopedia of Law
Browse the Legal Thesaurus Find synonyms and related words?.
Bank Note related entries Find related entries of this Bank Note

Bank Note in other legal encyclopedias

If you search for an entry, then decide you want to see what another legal encyclopedia says about it, you may find your entry in this section.

Link Description
Bank Note Bank Note in the International Legal Encyclopedia.
Bank Note Bank Note in the American Legal Encyclopedia.
Bank Note Bank Note in the Asian Legal Encyclopedia.
Bank Note Bank Note in the UK Legal Encyclopedia.
Bank Note Bank Note in the Australian Legal Encyclopedia.

Explore the European Encyclopedia of Law

You can also find related entries in the following areas of law:

Link Description
Bank Note Bank Note in the Family Law Portal of the European Encyclopedia of Law.
Bank Note Bank Note in the IP Portal of the European Encyclopedia of Law.
Bank Note Bank Note in the Commercial Law Portal of the European Encyclopedia of Law.
Bank Note Bank Note in the Criminal Law Portal of the European Encyclopedia of Law.
Bank Note Bank Note in the Family Law Portal of the European Encyclopedia of Law.
Bank Note Bank Note in the Civil Law Portal of the European Encyclopedia of Law.
Bank Note Bank Note in the Constitutional Law Portal of the European Encyclopedia of Law.
Bank Note Bank Note in the Taxation Law Portal of the European Encyclopedia of Law.
Bank Note Bank Note in the Banking and Finance Law Portal of the European Encyclopedia of Law.
Bank Note Bank Note in the Employment and Labour Portal of the European Encyclopedia of Law.
Bank Note Bank Note in the Injury and Tort Law Portal of the European Encyclopedia of Law.
Bank Note Bank Note in the Environmental Law Portal of the European Encyclopedia of Law.

Further Information

Open European Encyclopedia

RESOURCE comments
Add an entry Because the law is changing all the time.
View added entries Interested to find out what entries have been added?
About the Open Encyclopedia You can be a part of the Open European Encyclopedia of Law

Notice

Definition of Bank Note is, temporally, from A Concise Law Dictionary (1927). This page needs to be proofread.

URI of Bank Note Description
URI The URI of Bank Note (more about URIs)

Resources

Link Description
General Index Index of general information about the Encyclopedia
Community Pages related to the community of users, including request and proposal entries
Help Center Help and Documentation
Sitemap Index Sitemap Index, including Taxonomies

 

See related entries below:

Posted

in

, ,

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *