- currency that may be lawfully tendered in payment of a debt, such as paper money, Federal Reserve notes, or coins.
Origin of legal tender
Examples from the Web for legal tender
Contemporary Examples of legal tender
If so, why do the rest of us have to put up with legal-tender paper money?‘A Ghastly Waste of Time?’ Considering the Constitution
January 15, 2013
Historical Examples of legal tender
Our rule is that legal-tender money must be paid down at the time of purchase.Strictly Business
The first "legal-tender" Act was approved February 25, 1862.
It was simply put into circulation with the legal-tender quality.The Principles of Economics
Frank A. Fetter
(d) Legal-tender cases, Wilson, Division and Reunion, 280-281.
Their opinions in regard to the constitutionality of the Legal-Tender Acts had been clearly and publicly expressed.Principles of Political Economy
Arthur Latham Perry
- currency in specified denominations that a creditor must by law accept in redemption of a debt
Any form of money that a government decrees must be accepted in payment of debts.