greenback Definition
- 1a US dollar bill
- 2paper money in general
Using greenback: Examples
Take a moment to familiarize yourself with how "greenback" can be used in various situations through the following examples!
Example
He paid for his meal with a handful of greenbacks.
Example
The store only accepts greenbacks as payment.
greenback Synonyms and Antonyms
Phrases with greenback
a currency that is widely accepted around the world and is expected to remain relatively stable in value
Example
The US dollar is considered a hard currency, making it a popular choice for international transactions.
a currency that is not widely accepted outside of its country of origin and is subject to frequent fluctuations in value
Example
The Zimbabwean dollar is an example of a soft currency that has experienced hyperinflation and is no longer used as legal tender.
money that is not backed by a physical commodity, such as gold or silver, but is instead supported by government law or regulation
Example
Most modern currencies, including the US dollar, are examples of fiat money.
Origins of greenback
from the green color of the back of the bills
Summary: greenback in Brief
'Greenback' [ˈɡriːn.bæk] refers to a US dollar bill or paper money in general. It is often used interchangeably with 'dollar bill' or 'banknote.' The term is derived from the green color of the back of the bills. 'Greenback' is a type of 'hard currency,' which is widely accepted around the world and is expected to remain relatively stable in value.