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specie
(redirected from Specie payment)

    Also found in: Legal, Encyclopedia, Wikipedia 0.01 sec.
spe·cie  (spsh, -s)
n.
Coined money; coin.
Idiom:
in specie
1. In coin.
2. In a similar manner; in kind: repaid the offense in specie.
3. Law In the same kind or shape; as specified.
[From (in) specie, (in) the actual form, from Latin (in) speci, (in) kind, ablative of specis; see species.]
specie [ˈspiːʃiː]
n
1. (Economics, Accounting & Finance / Banking & Finance) (Economics, Accounting & Finance / Currencies) coin money, as distinguished from bullion or paper money
in specie
a.  (Economics, Accounting & Finance / Banking & Finance) (Economics, Accounting & Finance / Currencies) (of money) in coin
b.  in kind
c.  (Law) Law in the actual form specified
[from the Latin phrase in speciē in kind]
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.specie - coins collectivelyspecie - coins collectively                  
coinage, metal money, mintage
currency - the metal or paper medium of exchange that is presently used
coin - a flat metal piece (usually a disc) used as money
Translations
specie [ˈspiːʃiː] N → metálico m, efectivo m
in specie → en metálico
specie
n no pl → Hartgeld nt, → Münzgeld nt
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Central banks suspended specie payments and fired up the printing presses to finance the war effort.
Roots of economic crisis: to truly understand the economic crisis now ... by Scaliger, Charles / The New American
The states with banking institutions required banks to accept Confederate currency on deposit at par as a new condition for the suspension of specie payment.
The Emancipation Proclamation, Confederate expectations, and the ... by Kanago, Bryce / Southern Economic Journal
It did threaten, however, that any future suspension would in itself constitute a forfeiture of the charter--a threat that was not carried out when the bank suspended specie payment in 1839 (Harding 1895, 17).
Mutual deposit insurance: other lessons from the record by Hartley, James E. / Independent Review
 
 
 
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