Money in the form of coins rather than notes: the Bank of England in 1795 had held around £8 million in specie
More 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.
- Law In the real, precise, or actual form specified: the plaintiff could not be sure of recovering his goods in specieMore 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.
Mid 16th century: from Latin, ablative of species 'form, kind', in the phrase in specie 'in the actual form'.
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