legal tender

noun

Definition of legal tender

: money that is legally valid for the payment of debts and that must be accepted for that purpose when offered

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Synonyms for legal tender

Synonyms

bread [slang], bucks, cabbage [slang], cash, change, chips, coin, currency, dough, gold, green, jack [slang], kale [slang], lolly [British], long green [slang], loot, lucre, money, moola (or moolah) [slang], needful, pelf, scratch [slang], shekels (also sheqels), tender, wampum

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Examples of legal tender in a Sentence

Soon after France adopted the euro, the French franc ceased to be legal tender. coins and bills are considered legal tender, but postage stamps are not

Recent Examples on the Web

Suzanne, the barkeep, instructed us on the method involved in affixing legal tender roughly 10 feet up without benefit of a ladder. Cirrus Wood, The Mercury News, "Weekend getaway: A Sacramento Delta road trip with bikes, beer and more," 25 Aug. 2019 The largest denomination ever circulated as legal tender was the $10,000 bill. Anna Diamond, Smithsonian, "Do Goats Really Love to Jump and More Questions From Our Readers," 23 Aug. 2019 The report noted that private cryptocurrencies have not been recognised as legal tender in any jurisdiction. Pramod Mathew, Quartz India, "Indian government panel wants cryptocurrency holders jailed, but can’t deny its tech has merits," 23 July 2019 Instead, a new currency called the Zimbabwe dollar will now be the sole legal tender in the country. Chris Muronzi, Quartz Africa, "The Zimbabwean dollar makes a return a decade later but uncertainty reigns," 26 June 2019 With effect from June 24, the United States dollar, British pound, South African Rand, Botswana pula and a host of other foreign currencies are no longer legal tender in any transactions in Zimbabwe. Chris Muronzi, Quartz Africa, "The Zimbabwean dollar makes a return a decade later but uncertainty reigns," 26 June 2019 In December 2016 Venezuela’s president, Nicolás Maduro, decreed that the 100-bolívar note, then the largest in circulation, would cease to be legal tender within three days. The Economist, "Venezuelan cash is almost worthless, but also scarce," 12 July 2018 Indian Finance Minister Arun Jaitley had said in February that the country didn’t recognize cryptocurrencies as legal tender and planned to crack down on the market. Gregor Stuart Hunter, WSJ, "Regulators World-Wide Are Cracking Down on Cryptocurrencies. India’s Next.," 6 Apr. 2018 Although the notes have obvious markings that aren’t typical of legal tender, the bills are the same size as the real thing and might pass for the real thing at a glance if folded or stacked with other bills. Julia Sclafani, sacbee, "Despite Chinese markings, fake $100 bills cause a scene at El Dorado Hills intersection," 9 July 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'legal tender.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of legal tender

circa 1730, in the meaning defined above

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More Definitions for legal tender

legal tender

noun

English Language Learners Definition of legal tender

: money that the law allows people to use for paying debts

legal tender

noun

Legal Definition of legal tender

: money that is legally valid for the payment of debts and that must be accepted for that purpose when offered