Legal tender - Wikipedia
WEBLearn what legal tender is, how it is recognized by courts of law, and how it can be withdrawn or replaced. Explore the etymology, history and examples of legal tender in different countries and currencies.
Legal Tender: Definition, Economic Functions, Examples - Investopedia
WEBJun 13, 2021 · Legal tender is the officially recognized money within a given jurisdiction that can be used to settle debts or obligations. Learn how legal tender serves the...
legal tender | Wex | US Law | LII / Legal Information Institute
WEBLegal tender is U.S. coins and currency issued by the government that can be used to pay off debts. Learn about the types of legal tender, the exceptions, and the legal implications of tendering payment.
What Is Legal Tender? - The Balance
WEBNov 22, 2021 · Legal tender is the currency that creditors must accept as payment. Learn how legal tender laws work and what they mean for investors and business owners.
What is legal tender? - Bank of England
WEBLegal tender means you can't be sued for failing to repay a debt in certain forms of money. Learn what counts as legal tender in the UK and how it differs from everyday payment methods.
Fiat Money vs. Legal Tender: What’s the Difference? - Investopedia
WEBAug 27, 2023 · Fiat money is government-backed currency that has no intrinsic value, while legal tender is any currency recognized by a government for debt repayment. Learn how fiat money and legal tender...
What is lawful money? How is it different from legal tender?
WEBSep 29, 2011 · Lawful money is a term in the Federal Reserve Act that authorizes the issuance of Federal Reserve notes. Legal tender is any currency that can be used to pay debts and taxes. Learn how these terms differ and how they have changed over time.
Legal tender Definition & Meaning - Merriam-Webster
WEBThe meaning of LEGAL TENDER is money that is legally valid for the payment of debts and that must be accepted for that purpose when offered. How to use legal tender in a sentence.
Legal Tender: Definition, Functions, and Real-World Examples
WEBApr 30, 2024 · Legal tender is the legally recognized money within a given political jurisdiction. Legal tender laws effectively prevent the use of anything other than the existing legal tender as money in the economy.
LEGAL TENDER definition | Cambridge English Dictionary
WEBLegal tender is the official money used in a country that can be accepted for payment of debts. Learn more about the meaning, pronunciation, and usage of legal tender with …