legal tender

legal tender


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

Full Definition of LEGAL TENDER

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

Examples of LEGAL TENDER

  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>

First Known Use of LEGAL TENDER



Next Word in the Dictionary: legal term
Previous Word in the Dictionary: legal–size
All Words Near: legal tender

Seen & Heard

What made you want to look up legal tender? Please tell us where you read or heard it (including the quote, if possible).