2007-01-25 02:22:38 · 5 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
As far as I can remember, technically it is a "Bill of Exchange" and, in theory at least, the bearer can exchange it for whatever currency supports it. In the same vein, the British banknote is a promissory "note" which bears the words "I promise to pay to the bearer on demand the sum of ?? pounds".
It's a long time ago, but I hope that helps
2007-01-25 02:37:25 · answer #1 · answered by champer 7 · 0⤊ 0⤋
It started to be called that from about 1845 onwards after the picture of Bill Cody, otherwise known as Buffalo Bill , a famous frontiersman, appeared on a commerative banknote.
2007-01-25 11:08:38 · answer #2 · answered by colcamp260 2 · 0⤊ 1⤋
Probably comes from the French word "billet," which is their word for a banknote.
Either that, or it comes from "bill of exchange," which is the old term for something like a check (British people would spell it cheque) or money order.
2007-01-25 10:33:10 · answer #3 · answered by EC 3 · 0⤊ 0⤋
it's just slang no big thing why are bathrooms called loos and popcicles iced lollies i mean it is an unanswerable question there is lots of slang here in america so it's hard to keep up
2007-01-25 10:34:24 · answer #4 · answered by auntie s 4 · 0⤊ 0⤋
Because it doesn't weigh a pound
2007-01-25 10:30:08 · answer #5 · answered by Anonymous · 0⤊ 0⤋