Context: A Demand Note is a type of United States paper money that was issued between August 1861 and April 1862 during the American Civil War in denominations of 5, 10, and 20 US$. Demand Notes were the first type of paper money issued by the United States in the sense that they were the first in the series of emissions which has continuously achieved wide circulation down to the present day. The U.S. government placed the Demand Notes into circulation by using them to pay expenses incurred during the Civil War including the salaries of its workers and military personnel., The United States two - dollar bill ( $ 2 ) is a current denomination of U.S. currency . The third U.S. President ( 1801 -- 09 ) , Thomas Jefferson , is featured on the obverse of the note . The reverse features a reproduction of the painting The Declaration of Independence by John Trumbull . Throughout the $ 2 bill 's pre- 1929 life as a large - sized note , it was issued as a United States Note , National Bank Note , silver certificate , and Treasury or `` Coin '' Note . When U.S. currency was changed to its current size , the $ 2 bill was issued only as a United States Note . Production went on until 1966 , when the series was discontinued . Ten years went by before the $ 2 bill was reissued as a Federal Reserve Note with a new reverse design . $ 2 bills are seldom seen in circulation as a result of banking policies with businesses which has resulted in low production numbers due to lack of demand . This comparative scarcity in circulation , coupled with a lack of public awareness that the bill is still in circulation , has also inspired urban legends and occasionally has created problems for people trying to use the bill to make purchases ., A banknote (often known as a bill, paper money, or simply a note) is a type of negotiable instrument known as a promissory note, made by a bank, payable to the bearer on demand.
Banknotes were originally issued by commercial banks, who were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks., In banking, the term national bank carries several meanings:, John Adams (October 30 [O.S. October 19] 1735  July 4, 1826) was an American patriot who served as the second President of the United States (17971801) and the first Vice President (178997). He was a lawyer, diplomat, statesman, political theorist, and, as a Founding Father, a leader of the movement for American independence from Great Britain. He was also a dedicated diarist and correspondent, particularly with his wife and closest advisor Abigail., The Bureau of Engraving and Printing (BEP) is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is Federal Reserve Notes (paper money) for the Federal Reserve, the nation's central bank. In addition to paper currency, the BEP produces Treasury securities; military commissions and award certificates; invitations and admission cards; and many different types of identification cards, forms, and other special security documents for a variety of government agencies. The BEP does not produce coins; all coinage is produced by the United States Mint. With production facilities in Washington, DC, and Fort Worth, Texas, the Bureau of Engraving and Printing is the largest producer of government security documents in the United States., A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913. The banks are jointly responsible for implementing the monetary policy set forth by the Federal Open Market Committee, and are divided as follows:, Paper Money (1974) is the second album by the California-based hard rock band Montrose. It was produced by Ted Templeman and is the band's final recording with original vocalist Sammy Hagar. It marks the arrival of new bass player Alan Fitzgerald, replacing original bassist Bill Church., The American Revolutionary War (17751783), also referred to as the American War of Independence and the Revolutionary War in the United States, was an armed conflict between Great Britain and thirteen of its North American colonies that after onset of the war declared independence as the United States of America., A United States Note, also known as a Legal Tender Note, is a type of paper money that was issued from 1862 to 1971 in the U.S. Having been current for over 100 years, they were issued for longer than any other form of U.S. paper money. They were known popularly as "greenbacks" in their heyday, a name inherited from the earlier greenbacks, the Demand Notes, that they replaced in 1862. Often called Legal Tender Notes, they were called United States Notes by the First Legal Tender Act, which authorized them as a form of fiat currency. During the 1860s the so-called "second obligation" on the reverse of the notes stated:, The President of the United States (POTUS) is the elected head of state and head of government of the United States. The president directs the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces., Dalton is a town in Berkshire County, Massachusetts. Dalton is a transition town between the urban and rural portions of Berkshire County. It is part of the Pittsfield, Massachusetts Metropolitan Statistical Area. The population was 6,756 at the 2010 census., Federal Reserve Notes, also United States banknotes or U.S. banknotes, are the banknotes currently used in the United States of America. Denominated in United States dollars, Federal Reserve Notes are printed by the United States Bureau of Engraving and Printing on paper made by Crane & Co. of Dalton, Massachusetts. Federal Reserve Notes are the only type of U.S. banknote currently produced. Federal Reserve Notes are authorized by Section 16 of the Federal Reserve Act of 1913 and are issued to the Federal Reserve Banks at the discretion of the Board of Governors of the Federal Reserve System. The notes are then put into circulation by the Federal Reserve Banks, at which point they become liabilities of the Federal Reserve Banks and obligations of the United States., The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution. It is divided into 100 smaller cent (¢) units. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. 418)., Thomas Jefferson (April 13 [O.S. April 2] 1743  July 4, 1826) was an American Founding Father who was the principal author of the Declaration of Independence and later served as the third President of the United States from 1801 to 1809. Prior thereto, he was elected the second Vice President of the United States, serving under John Adams from 1797 to 1801. A proponent of democracy, republicanism, and individual rights motivating American colonists to break from Great Britain and form a new nation, he produced formative documents and decisions at both the state and national level., Republicanism is an ideology of being a citizen in a state as a republic under which the people hold popular sovereignty. Many countries are "republics" in the sense that they are not monarchies. However, this article covers only the ideology of "republicanism". , The Vice President of the United States (VPOTUS) is a constitutional officer in the legislative branch of the Federal government as President of the Senate under ., National Bank Notes were United States currency banknotes issued by National banks chartered by the United States Government. The notes were usually backed by United States bonds the bank deposited with the United States Treasury. In addition, banks were required to maintain a redemption fund amounting to five percent of any outstanding note balance, in gold or "lawful money"., The Federal Reserve Act (ch. 6, , enacted December 23, 1913) is an Act of Congress that created and established the Federal Reserve System, the central banking system of the United States, and which created the authority to issue Federal Reserve Notes (now commonly known as the U.S. Dollar) and Federal Reserve Bank Notes as legal tender. The Act was signed into law by President Woodrow Wilson., John Trumbull (June 6, 1756  November 10, 1843) was an American artist during the period of the American Revolutionary War and was notable for his historical paintings. His "Declaration of Independence" (1817) was used on the reverse of the two-dollar bill., Subject: united states two-dollar bill, Relation: instance_of, Options: (A) 12 (B) act of congress (C) addition (D) agency (E) album (F) april (G) area (H) august (I) bank (J) banknote (K) bill (L) central bank (M) civil war (N) code (O) commander (P) county (Q) crane (R) currency (S) december (T) declaration of independence (U) department (V) fort (W) government (X) government agency (Y) head (Z) ideology ([) july (\) june (]) law (^) lawyer (_) legal tender (`) metropolitan (a) metropolitan statistical area (b) money (c) nation (d) national bank (e) note (f) november (g) october (h) officer (i) official (j) paper (k) people (l) period (m) policy (n) population (o) production (p) republic (q) revolutionary (r) sense (s) series (t) set (u) sign (v) state (w) term (x) town (y) two (z) variety ({) vice (|) war
Output: banknote