token money


: money of regular government issue (such as paper currency or coins) having a greater face value than intrinsic value

Word History

First Known Use

1889, in the meaning defined above

Time Traveler
The first known use of token money was in 1889

Dictionary Entries Near token money

Cite this Entry

“Token money.” Dictionary, Merriam-Webster, Accessed 10 Jun. 2023.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!