Meaning Of The Word Legal tender

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Legal tender Meaning

Legal tender Definition
Legal tender Definition

What's The Definition Of Legal tender?

legal tender
money that may be legally offered in payment of an obligation and that a creditor must accept
noun: currency in specified denominations that a creditor must by law accept in redemption of a debt
noun: currency that may be lawfully tendered in payment of a debt, such as paper money, Federal Reserve notes, or coins
uncountable noun: Legal tender is money, especially a particular coin or banknote, which is officially part of a country's currency at a particular time.

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