Definitions for "Bank bill"
In America (and formerly in England), a promissory note of a bank payable to the bearer on demand, and used as currency; a bank note.
In England, a note, or a bill of exchange, of a bank, payable to order, and usually at some future specified time. Such bills are negotiable, but form, in the strict sense of the term, no part of the currency.
Bill of Exchange of which the acceptor and/or endorser is a bank. If the bank is the acceptor, the bill is known as a bank accepted bill. If the bank is the endorser, the bill is known as a bank endorsed bill.