This article is about the Demand Notes issued by the U.S. government. For "demand note" referring to any promissory note that is payable on demand, see promissory note.
Top row: The distinctive green ink used on the backs of Demand Notes gave rise to the term "greenbacks" Bottom row: Prominent design elements used on the front of $5 and $20 Demand Notes (located respectively under their denomination); pictured in the middle is the front of a $10 Demand Note with prominent design elements listed
A Demand Note is a type of United States paper money that was issued from August 1861 to April 1862 during the American Civil War in denominations of 5, 10, and 20 US$. Demand Notes were the first issue of paper money by the United States that achieved wide circulation. The U.S. government placed Demand Notes into circulation by using them to pay expenses incurred during the Civil War including the salaries of its workers and military personnel.
Because of the distinctive green ink on their reverse, and because state-chartered bank and Confederate notes of the day typically had blank reverse, the Demand Notes were nicknamed "greenbacks", a name later inherited by United States Notes and Federal Reserve Notes. The obverse of the Demand Notes contained familiar elements such as the images of a bald eagle, Abraham Lincoln, and Alexander Hamilton, though the portraits used on Demand Notes are different from the ones seen on U.S. currency today.
When Demand Notes were discontinued, their successors, the United States Notes, could not be used to pay import duties, a large part of the U.S. federal tax base at the time, and thus Demand Notes took precedence. As a result, most Demand Notes were redeemed, though the few remaining Demand Notes are the oldest valid currency in the United States today.
A DemandNote is a type of United States paper money that was issued from August 1861 to April 1862 during the American Civil War in denominations of...
fixed or determinable future time or on demand of the payee, under specific terms and conditions. The terms of a note typically include the principal amount...
issued Federal Reserve Note. They were known popularly as "greenbacks", a name inherited from the earlier greenbacks, the DemandNotes, that they replaced...
economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given time. In economics "demand" for...
the provision of a circulating medium. In 1861 the US began issuing DemandNotes, which were the first paper money issued by the United States whose main...
In microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, in a competitive...
demands x' and x, prices and demand must move in opposite directions, i.e. as price increases, demand must decrease and vice versa. Note that demands...
their video on demand service starting on August 1 of that same year. A two-hour animated Death Note Relight: Visions of a God (DEATH NOTE リライト·幻視する神, Desu...
another nickname, originally applied specifically to the 19th-century DemandNote dollars, which were printed black and green on the backside, created...
Treasury note began to replace the 30-year Treasury bond as the general, most-followed metric of the U.S. bond market. However, because of demand from pension...
holder of a federal reserve note has no right to demand an asset such as gold or silver from the government in exchange for a note. Consequently, some proponents...
good's price elasticity of demand ( E d {\displaystyle E_{d}} , PED) is a measure of how sensitive the quantity demanded is to its price. When the price...
A demand curve is a graph depicting the inverse demand function, a relationship between the price of a certain commodity (the y-axis) and the quantity...
decreasing demand for subcompact hatchbacks in the region. It continued to be produced and sold in Japan up to the introduction of the third-generation Note in...
obligation and authorized the Treasury to satisfy these redemption demands with current notes of equal face value (effectively making change). Under the Bretton...
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The federal government would back the value of the notes—the issuance of which created a demand for the government bonds needed to back them. The program...
which utilize it, an iris recognition system, and a USB-C port. Demand for the Galaxy Note 7 upon launch was high, breaking pre-order records in South Korea...
three weapons were purchased by Wojtowicz. Westenberg was to provide the demandnote to the bank manager but, unnerved by a police car on the street, fled...
prices, and x is a vector of quantities demanded, so the sum of all pixi is total expenditure on all goods. (Note that if there is more than one vector...
on demand, without any prior notice. In the United States, demand deposits arose following the 1865 tax of 10% on the issuance of state bank notes; see...
generally still promised to convert notes and coins into their nominal commodity (redemption by specie, typically gold) on demand. However, the costs of the war...
19th century DemandNote dollars created by Abraham Lincoln to finance the costs of the American Civil War for the North. The original note was printed...
bonds or real estate notes, or occasionally by nothing at all. Hence they carried a risk that the bank could not redeem them on demand. A wildcat bank is...
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