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Definitions

legal tender



Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

In 1935, Chief Justice Charles Evans Hughes cited the 14th Amendment in a decision over government bonds and legal tender.

From Los Angeles Times

The court, however, denied plaintiff John Perry the right to be repaid in gold; he had to accept repayment in dollars, the only legal tender at that time.

From Los Angeles Times

In July 2022, it launched gold coins as legal tender to stabilize the local currency.

From Seattle Times

He collects torn or soiled foreign currency notes that have been rejected by supermarkets and other traders - mostly US dollars or South African rand, which are both legal tender in Zimbabwe.

From BBC

In 2021, El Salvador made waves as the first nation to adopt the cryptocurrency bitcoin as legal tender, alongside the U.S. dollar.

From Reuters