Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,237,398 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Legal Tender
(redirected from Lawful Money)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Legal Tender
Anything that a jurisdiction has declared to be money. Historically, legal tender currency has been based on something like gold or silver; however, most money is now fiat money. That is, fiat money is that which has been declared to be legal tender by a government and would not be regarded as such without government backing. Legal tender may be used to pay a debt. In general, a merchant who does not accept legal tender currency has the debt canceled; that is, one is required to accept the legal tender or nothing at all.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Now factor in the Legal Tender Act which prohibits any form of lawful money except the Federal Reserve Note.
THE Free Market Capitalism for Our Economic Problems Is Accusing a ... by eherextech / Business, regional community
Now factor in the Legal Tender Act which prohibits any form of lawful money except the Federal Reserve Note.
Free Market Capitalism for Our Economic Problems Is Accusing a Ghost by zaid surve / Business community
Now factor in the Legal Tender Act which prohibits any form of lawful money except the Federal Reserve Note.
Free Market Capitalism Killed Our American Economy? A Ghost Story by Harry Harmon / Economics community
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.