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.

They remain legal tender but not in circulation, as they are largely kept by private currency collectors.

From BBC • May 28, 2026

Pennies will remain legal tender, so they can still be used or exchanged for other cash.

From The Wall Street Journal • Nov. 12, 2025

Last year, the country welcomed a record 3.9 million tourists, including cryptocurrency evangelists drawn by Bukele’s short-lived experiment in making Bitcoin legal tender.

From Los Angeles Times • May 18, 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

One hundred twenty-three dollars in legal tender was promptly reduced to ash and smoke.

From "Into the Wild" by Jon Krakauer

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