legal tender

Noun

Meaning

something that can be used as an official medium of payment

Source: WordNet

Synonyms

tender jack rhino WAD change money bill buck greenback doubloon lolly gold silver cash currency
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Antonyms

debt poverty obligation liability arrears money order
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Hypernyms

medium of exchange monetary system

Hyponyms

food stamp

Examples

After Nigeria announced their currency would no longer be legal tender (to make way for a new currency), this effort increased. Source: Internet

A triangular coin with a face value of £5 (produced to commemorate the 2007/2008 Tutankhamun exhibition at The O2 Arena ) was commissioned by the Isle of Man : it became legal tender on 6 December 2007. Source: Internet

Coins and notes of both the franc and the peseta remained legal tender in Andorra until 31 December 2002. Source: Internet

Banknote era main A banknote (more commonly known as a bill in the United States and Canada) is a type of currency, and commonly used as legal tender in many jurisdictions. Source: Internet

Despite the coin's legal tender status, economic sanctions against South Africa for its policy of apartheid made the Krugerrand an illegal import in many Western countries during the 1970s and 1980s. Source: Internet

For example, Panama and El Salvador have declared U.S. currency to be legal tender, and from 1791 to 1857, Spanish silver coins were legal tender in the United States. Source: Internet

Close letter words and terms

legal system legal systems legal tend legal theme legal topic legal trade