Word info Synonyms

in specie

Adverb

Meaning

(obsolete) In respect to kind
Although the power of a king is lesser in degree than an emperor, it is the similar in specie.

(law, finance) In the actual form, especially in the context of a distribution of assets or a loan repayment.

(law, finance) In coin or monetary metal, in contrast to fiat currency or other paper.

Source: en.wiktionary.org

Synonyms

Related terms

Examples

Congress used four main methods to cover the cost of the war, which cost about 66 million dollars in specie (gold and silver). Source: Internet

Supporters of the Resumption Act argued that the Panic of 1873 might not have occurred had there been sufficient reserves of gold in the United States Treasury as would have been in case in specie payments were resumed. Source: Internet

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