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token coin

noun
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plural token coins

Definition of token coin

: a coin having an intrinsic value less than its face value — compare standard coin … if the metal content of a quarter is worth less than its face value of 25 cents, the quarter is a token coin. — Money and Banking, 1985

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Learn More About token coin

Dictionary Entries Near token coin

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token coin

token coinage

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Cite this Entry

“Token coin.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/token%20coin. Accessed 24 Jun. 2022.

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