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
These electronic deposits—which aren’t legal tender in the way notes and coins are—would be converted into central bank money issued by the SNB.
India’s finance minister, Arun Jaitley, said in February that the country doesn’t recognize cryptocurrencies as legal tender.
These large denomination bills are still considered a legal tender, though one hasn't been printed since 1945.
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.
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.
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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