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legal tender

currency that may be lawfully tendered in payment of a debt, such as paper money, Federal Reserve notes, or coins.
Origin of legal tender
1730-40 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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British Dictionary definitions for legal-tender

legal tender

currency in specified denominations that a creditor must by law accept in redemption of a debt
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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legal-tender in Culture

legal tender definition

Any form of money that a government decrees must be accepted in payment of debts.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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