Assignat

noun

1. Any of the notes issued as paper currency in France (1789–1796) by the revolutionary government and secured by confiscated lands.
2. One of the notes forming the paper currency issued in France during the revolution from 1789 to 1796.
3. In French law, the assignment of an annuity on an estate, by which the annuity is based on the security of the latter: now little used.
4. One of the notes, bills, or bonds, issued as currency by the revolutionary government of France (1790-1796), and based on the security of the lands of the church and of nobles which had been appropriated by the state.
5. A banknote used during the French Revolution, on the security of state land.