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legal tender

noun

Simple Definition of legal tender

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

Source: Merriam-Webster's Learner's Dictionary

Full Definition of legal tender

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

Examples of legal tender in a sentence

  1. Soon after France adopted the euro, the French franc ceased to be legal tender.

  2. <coins and bills are considered legal tender, but postage stamps are not>



1739

First Known Use of legal tender

1739


Law Dictionary

legal tender

noun

Legal Definition of legal tender

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





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