Legal Tender

Legal tender is any official medium of payment recognized by law that can be used to extinguish a public or private debt, or meet a financial obligation ...

legal tender n. Currency, such as coin and paper money, declared by law to be valid and sufficient for the payment of debts. legal tender n (Currencies) currency in ...

I thought that United States currency was legal tender for all debts. Some businesses or governmental agencies say that they will only accept checks, money orders or ...

A United States Note, also known as a Legal Tender Note, is a type of paper money that was issued from 1862 to 1971 in the U.S. Having been current for over 100 years ...

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