Definition of legal tender in English:
Coins or banknotes that must be accepted if offered in payment of a debt.
- 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.
Definition of legal tender in:
- British & World English dictionary
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