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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

Example Sentences

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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

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.

But, in that case, they would be, not primary, self-sustaining money, but merely representative, or token money.

From The Value of Money by Anderson, Benjamin M.

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 use of token money, in which a part of the value is imaginary, always implies the inclosure of a group and the exclusion of foreign trade.

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

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