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

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

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

From Salon • Mar. 11, 2025

Bitcoiners have come to love the currency’s adoption as legal tender in other countries, and the value of the central coin has become just as responsive to broader macroeconomic conditions as anything else.

From Slate • Jan. 22, 2025

He introduced a voucher system, which at first functioned as a form of credit, but gradually became a substitute for legal tender.

From "The House of the Spirits: A Novel" by Isabel Allende

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