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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

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.

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 O'Brien, George

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 Fairchild, George Thompson

The permitted manufacture of token money came to an end with the year 1817, an Act coming into force Jan.

From Showell's Dictionary of Birmingham A History and Guide Arranged Alphabetically by Harman, Thomas T.

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