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Definitions of legal tender
Definition that contains legal tender
  • money the most common medium of exchange; functions as legal tender
  • monetize give legal value to or establish as the legal tender of a country
  • monetisation establishing something (e.g. gold or silver) as the legal tender of a country
  • demonetisation ending something (e.g. gold or silver) as no longer the legal tender of a country
  • monetise give legal value to or establish as the legal tender of a country
  • demonetization ending something (e.g. gold or silver) as no longer the legal tender of a country
  • monetization establishing something (e.g. gold or silver) as the legal tender of a country
  • fiat money money that the government declares to be legal tender although it cannot be converted into standard specie
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