Definition of legal tender in US English:
legal tender
nounˈlēɡəl ˈtendərˈliɡəl ˈtɛndər
Coins or banknotes that must be accepted if offered in payment of a debt.
Example sentencesExamples
- Its bank notes, which functioned much like today's paper currency, acted as legal tender in payment of U.S. debts.
- From January 1, only the new bills and coins are legal tender.
- Euro notes and coins become legal tender in 12 countries and ‘dual circulation’ begins.
- Making the notes legal tender for all debts would solve that problem.
- In 1811, paper banknotes became legal tender in Britain.
Synonyms
cash, hard cash, ready money