legal tender

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legal tender

currency in specified denominations that a creditor must by law accept in redemption of a debt

References in periodicals archive ?

In practical terms, it said that may legal tender money created by the federal union or the states or the "people" had to be gold or silver coins, or redeemable in gold or silver coins of specified weight and fineness.

From constitutional to fiat money: the U.S. experience

Utah isn't the only place to distrust the US dollar and push for precious metals as legal tender.

Utah and other states push gold as legal tender, prepares for US dollar collapse

Gerald Sheehan, deputy master of the Royal Mint said: 'We are delighted to collaborate with the British & Irish Lions and the New Zealand government to mark the 12th Lions Tour of New Zealand with a series of legal tender collector coins.

Royal Mint makes coins for Lions New Zealand tour

Brian Siswell, Middlesbrough Council's electoral registration officer, said coinage was only legal tender up to a certain amount.

Penny for your thoughts

dollar as legal tender in 2001 was an extremely significant step toward long-term financial stability, as well as facilitating the ongoing integration of the Central American economies--a goal supported by the nation's modern and dynamic banking system.

El Salvador: leading the revitalization of Central America

Thomas Greco, author of Money: Understanding and Creating Alternatives to Legal Tender (Chelsea Green, $19.95), believes these systems improve the health of communities.

The color of money: alternative currency promotes fresh thinking about sustainable economics. (Money Matters)

The euro will be legal tender for eighteen nations, including all "old" EU-15 members.

Europe tomorrow: TIE asked two experts what the likely makeup of the Eurozone will be five years from now? Fifteen years from now? And what effect will any predicted change have on the European system as a whole? Here's what they said

AN ATTEMPT to make the euro legal tender in Britain will be made in the Commons this week.

MPs to vote on legal euro

French banknotes and coins currently have legal tender status is both communities.

SINGLE CURRENCY: SAINT-PIERRE-ET-MIQUELON AND MAYOTTE TO USE THE EURO

It's a tribute to their talent that the disc squeezes in 18 tracks and still doesn't include such essential anthems as "Legal Tender" or "Give Me Back My Man." But it does feature two new jams--"Debbie," a tribute to Blondie's Debbie Harry, and "Hallucinating Pluto," another excuse for Schneider to throw a hissy fit.

Time Capsule: Songs for a Future Generation

During that period, both the euro and the "old" currency will be legal tender. Effective July 1, 2002, the old national currencies of participating countries will cease to be legal tender.

Euro conversion may be taxable

Our willingness to agitate has been our only means to open the doors to the educational, job and business opportunities that are the legal tender of freedom in America.