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legal tender

NOUN
  1. something that can be used as an official medium of payment

How To Use legal tender In A Sentence

  • Within five years, a unified currency in 1933 the "central" issue of "legal tender" currency has been relatively stable, so Donglai Bank has to resume business.
  • Interest rates would then rise as the central bank increased its discount rate to discourage borrowing and the demands for legal tender.
  • When did coins cease to be legal tender? Times, Sunday Times
  • The launch of the euro as legal tender marks the completion of monetary union.
  • I authorize you to coin your own money, as legal tender in your country.
  • The Legal Tender deuces have always held a special attraction to collectors.
  • And next February the Irish punt will cease to be legal tender when it is replaced by the euro.
  • To remonetize silver upon the old standard, and make it a legal tender for all private and public debts, will be considered by the whole civilized world as an act of repudiation on the part of the federal government, and cast a stain upon our national credit, which has hitherto stood as high and bright as that of any government in the world. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography.
  • The coins were minted by the Royal Mint and are legal tender.
  • These coins are no longer legal tender.
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