note shaver

In real, traceable use. Part of the curated seed collection; community review is coming.

Meaning · English

One who buys banknotes at a discount greater than the legal interest rate.

Register: dated, slang

Where it’s used: Used American English
Sources & notes

Adapted from English Wiktionary (CC BY-SA 4.0, retrieved 2026-07-30 via kaikki.org).

Common questions

What does “note shaver” mean?

One who buys banknotes at a discount greater than the legal interest rate.

Is “note shaver” formal or informal?

note shaver is generally dated, slang.