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legal tender

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
legal tender
n.
Legally valid currency that may be offered in payment of a debt and that a creditor must accept.
legal tender
n
(Economics, Accounting & Finance / Currencies) currency in specified denominations that a creditor must by law accept in redemption of a debt
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.legal tender - something that can be used as an official medium of paymentlegal tender - something that can be used as an official medium of payment
tender, stamp
medium of exchange, monetary system - anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
food stamp - a government-issued stamp that can be used in exchange for food
legal tender
noun currency, money, medium, payment, specie When did the note cease to be legal tender?
Translations
legal tender n → moneta in corso legale
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No State shall enter into any treaty, alliance, or confederation; grant letters of marque and reprisal; coin money; emit bills of credit; make any thing but gold and silver a legal tender in payment of debts; pass any bill of attainder, ex post facto law, or law impairing the obligation of contracts; or grant any title of nobility.
Federalist Papers Authored by James Madison by Madison, James View in context
And then Joe, with the air of a Monte Cristo, drew forth a ten, a five, a two and a one--all legal tender notes--and laid them beside Delia's earnings.
The Four Million by Henry, O. View in context
 
 
 
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