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token money

British  

noun

  1. coins of the regular issue having greater face value than the value of their metal content

"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

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“By the same token, money and respect were more than enough consolation for having a pack of insecure neurotics dislike me.”

From Forbes Aug. 7, 2015

This feeling often leads to the use of a currency without value, like the token money used for change in the absence of legal coins.

From Rural Health and Welfare by Fairchild, George Thompson

If different groups adopt different kinds of amulet ornaments as money, such intragroup money may be token money.

From Folkways A Study of the Sociological Importance of Usages, Manners, Customs, Mores, and Morals by Sumner, William Graham

The permitted manufacture of token money came to an end with the year 1817, an Act coming into force Jan.

From Showell's Dictionary of Birmingham A History and Guide Arranged Alphabetically by Harman, Thomas T.

The result, of course, was to make silver the standard and gold the fluctuating money or token money.

From If Not Silver, What? by Bookwalter, John W.

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