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 of legal tender from the Web
In this bill, virtual currencies exempted are defined as those that are a digital representation of value and used as a store of value or medium of exchange that are not recognized as legal tender by the U.S. government.
Many cannot be converted directly into dollars or other legal tender.
But in George Washington’s time, it was used as legal tender.
In much the same way a company would raise money by selling stock, an ICO sells digital coins to early backers for legal tender or other cryptocurrencies.
Zimbabwe doesn’t have its own currency, with the government adopting a basket of foreign currencies including the U.S. dollar and South African rand as legal tender in 2009 after hyperinflation rendered the local dollar worthless.
That has fueled a scramble to earn hard currency — Colombian pesos or, even better, the U.S. dollar, which is the legal tender of Ecuador and Panama.
Overnight, in a country where over 95 percent of all transactions involve cash, people were left scrambling to deposit their useless notes and replace them with any legal tender remaining at banks.
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.
First Known Use of legal tender
legal tender Synonyms
LEGAL TENDER Defined for English Language Learners
Definition of legal tender for English Language Learners
: money that the law allows people to use for paying debts
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