Definition of token money in English:

token money

Line breaks: token money

noun

[mass noun]
Money where the face value of notes or coins is unrelated to the value of the material of which they are composed.
More example sentences
  • The whole reason casinos use chips and not cash is that people will gamble more with token money than with real money.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day antebellum
Pronunciation: ˌantēˈbeləm
adjective
occurring or existing before a particular war…