What is another word for legal tender?

Pronunciation: [lˈiːɡə͡l tˈɛndə] (IPA)

Legal tender is a term used to describe the types of currency acceptable for payment of debts. Other synonymous terms that can be used include acceptable currency, lawful money, authorized payment, and valid payment. These terms are similar and are often used interchangeably to describe currency or coins that are recognized as legal tender in a given country or economic system. In some cases, the term "faith and credit" is also used to describe legal tender, as it implies that the currency has value because the government stands behind it and promises to accept it in exchange for goods and services. Regardless of the term used, legal tender plays an important role in modern economies, facilitating transactions and serving as a store of value.

Synonyms for Legal tender:

What are the hypernyms for Legal tender?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • hypernyms for legal tender (as nouns)

What are the hyponyms for Legal tender?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Famous quotes with Legal tender

  • The beings closest to us, whether in love or hate, are often virtually our interpreters of the world, and some feather-headed gentleman or lady whom in passing we regret to take as legal tender for a human being may be acting as a melancholy theory of life in the minds of those who live with them — like a piece of yellow and wavy glass that distorts form and makes colour an affliction. Their trivial sentences, their petty standards, their low suspicions, their loveless ennui, may be making somebody else's life no better than a promenade through a pantheon of ugly idols.
    George Eliot

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