legal tender


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legal tender

currency in specified denominations that a creditor must by law accept in redemption of a debt
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References in periodicals archive ?
At the end of the day on Thursday, the notes featuring Charles Darwin will have their legal tender status withdrawn - meaning it is time for people to check for any old tenners they still want to use in shops.
Only two days left to spend old tenners
Recently, Finance Minister Arun Jaitley in his Budget speech stressed that the government does not consider cryptocurrencies as legal tender, and will take measures to eradicate the use of crypto currencies for illegitimate activities.
Risks related to bitcoins being examined: MoS Finance
Jaitley has repeatedly said that such digital currencies were not legal tender and people dealing in them would not get any legal protection.
India to curb crypto currency use
In such sense, bitcoins do not purport to be currency nor to be classified as legal tender.
Legal tender power and bitcoins
A new 12-sided pound coin was introduced on March 28 this year and the old round pound will lose its legal tender status on midnight on Sunday October 15.
The 'hasty' decision on old PS1 coin is criticised; EXTEND DEADLINE FOR SPENDING - MP
From midnight on Sunday October 15, the round pound will lose its legal tender status and no longer be accepted in shops and restaurants.
Just a week left to spend your old pound coins before deadline
RBS/NatWest, Santander, Nationwide and Lloyds Banking Group, which includes Halifax, also said they will continue to accept round pounds as deposits from their own customers after they cease to be legal tender.
Just a week until round PS1s are no longer legal
After that date, the notes will no longer have legal tender status and the Bank will withdraw them from circulation.
Hungary : The Magyar Nemzeti Bank: Upgrading the 1000 forint banknote
The new coins were first introduced on March 28, with the old coins ceasing to be legal tender on October 15, even though they can still be banked after that date.
New PS1 coin 'beating the counterfeiters' IN BRIEF
The People's Bank of China, the central bank will issue one gold and two silver coins as the legal tender in China, according to an official statement issued here.
China to issue commemorative coins for Belt and Road Forum
PEOPLE have until the end of the day today to spend old paper PS5 Bank of England notes in shops before they lose their legal tender status.
Last day to spend your old fivers
RBI on Sunday quashed rumours on rumours of fake Rs 10 coin in circulation and asked people not to give credence to such canards and continue to accept these coins as legal tender in all their transactions.
biz RBI dispels fears on ` 10 coins

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