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legal tender

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

First recorded in 1730–40
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

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British Dictionary definitions for legal tender

legal tender

noun
  1. currency in specified denominations that a creditor must by law accept in redemption of a debt
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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 in Culture

legal tender

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

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The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.