lawful money


Definition of lawful money

  1. 1a :  any money whether coin or currency that may by the laws of a country be circulated as a medium of exchange — compare legal tender b :  any money recognized in a community as a medium of exchange

  2. 2 :  money (such as bank reserves) designated as acceptable for a particular purpose

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Origin and Etymology of lawful money

Middle English laweful moneye, from laweful + moneye money

Seen and Heard

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a brief usually trivial fact

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