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token money

   Also found in: Financial, Wikipedia 0.01 sec.
token money
n
(Economics, Accounting & Finance / Banking & Finance) coins of the regular issue having greater face value than the value of their metal content
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.token money - coins of regular issue whose face value is greater than their intrinsic valuetoken money - coins of regular issue whose face value is greater than their intrinsic value
money - the most common medium of exchange; functions as legal tender; "we tried to collect the money he owed us"


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Byline: Gilbert Felongco, Correspondent Manila: A top official said it is up to the police to pursue a case against a Sulu provincial executive who admitted paying token money to Abu Sayyaf rebels holding an Italian humanitarian worker hostage.
Nearly 900 people were asked how they would divide the police budget if they were in charge and given pounds 120 of token money to split on seven priorities.
Co-ordinator for Spice, Richard Coulter, said: "Racing for special token money only, there's more chance of Spice members coming away with a laugh than a full piggy bank.
 
 
 
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