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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

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 George Thompson Fairchild

In almost every town where there was any employment of labour the tradesmen were obliged to issue token money of their own—shilling tokens, sixpenny tokens, half-crown and five-shilling promissory-notes.

From The History of Currency, 1252 to 1896 by William Arthur Shaw

He further admits the necessity of some token money of small denominations, to be composed of the baser metals.

From An Essay on Mediaeval Economic Teaching by George O'Brien

Rather, token money is the child of prices.

From The Value of Money by Benjamin M. Anderson

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