legal tender

American

noun

currency that may be lawfully tendered in payment of a debt, such as paper money, Federal Reserve notes, or coins.

legal tender British

noun

currency in specified denominations that a creditor must by law accept in redemption of a debt

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

legal tender Cultural

Any form of money that a government decrees must be accepted in payment of debts.

Etymology

Origin of legal tender

First recorded in 1730–40

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The Abu Dhabi fund and Binance strengthened the nascent stablecoin by using it as legal tender similar to hard currency.

From The Wall Street Journal • Oct. 24, 2025

All UK coins featuring the late Queen's profile remain legal tender and in active circulation, alongside her son's coins.

From BBC • Aug. 19, 2025

In 2021 he made Bitcoin legal tender nationwide, and though the experiment has largely been a failure, it has attracted crypto bros and tech opportunists.

From Slate • Mar. 25, 2025

Suddenly I realized — a shock to the system! — you needed legal tender in order to live.

From Salon • Mar. 11, 2025

Instead of continuing the argument about how they would cop, they began to fantasize about what the gold could buy when it became legal tender.

From "Song of Solomon" by Toni Morrison

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023