Coins or banknotes that must be accepted if offered in payment of a debt.
More example sentences
- 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:
- The British & World English dictionary