Definition of specie in English:

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specie

Pronunciation: /ˈspēSHē/
/ˈspēsē/

noun

Money in the form of coins rather than notes.
Example sentences
  • The greenbacks were legal tender notes issued at par with notes backed by specie.
  • It was the habit of using paper money that was driving the nation's specie abroad.
  • The money supply was composed of bank notes and deposits, convertible into specie, and gold and silver coin.

Phrases

in specie

1In coin.
2 Law In the real, precise, or actual form specified: the plaintiff could not be sure of recovering his goods in specie
More example sentences
  • the court will order the defendant to transfer it in specie to the plaintiff.
  • He could not have pursued a claim in specie.
  • My question was directed to a situation in which what was recovered was property in specie.

Origin

Mid 16th century: from Latin, ablative of species 'form, kind', in the phrase in specie 'in the actual form'.

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