Definitions for legal tender
le·gal ten·der

Princeton's WordNetRate this definition:4.0 / 1 vote

1. tender, legal tender, stampnoun

   something that can be used as an official medium of payment

WiktionaryRate this definition:2.0 / 1 vote

1. legal tendernoun

   Any form of currency that by law cannot be refused as payment for an amount equal to that denoted on the face of the currency.

WikipediaRate this definition:0.0 / 0 votes

1. Legal Tender

   Legal Tender is the first single released by The B-52's from their 1983 album Whammy!. The single was their third Billboard Hot 100 chart entry, at #81.

ChatGPTRate this definition:0.0 / 0 votes

1. legal tender

   Legal tender is a form of currency that a government recognizes as valid for meeting financial obligations and debts. This means that by law, the recipient must accept it as a form of payment. The currency or money is usually issued by a country's central bank or government.

WikidataRate this definition:3.5 / 2 votes

1. Legal tender

   Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common forms of legal tender in many countries. The origin of the term "legal tender" is from Middle English tendren, French tendre, meaning to offer. The Latin root is tendere, and the sense of tender as an offer is related to the etymology of the English word extend. The noun form of a tender as an offering is a back-formation of the noun from the verb. Legal tender is variously defined in different jurisdictions. Formally, it is anything which when offered in payment extinguishes the debt. Thus, personal cheques, credit cards, debit cards, and similar non-cash methods of payment are not usually legal tender. The law does not relieve the debt obligation until payment is accepted. Coins and banknotes are usually defined as legal tender. Some jurisdictions may forbid or restrict payment made other than by legal tender. For example, such a law might outlaw the use of foreign coins and bank notes or require a license to perform financial transactions in a foreign currency. In some jurisdictions legal tender can be refused as payment if no debt exists prior to the time of payment. For example vending machines and transport staff do not have to accept the largest denomination of banknote. Shopkeepers may reject large banknotes: this is covered by the legal concept known as invitation to treat. However, restaurants that do not collect payment until after a meal is served must accept that legal tender for the debt incurred in purchasing the meal.

Suggested ResourcesRate this definition:5.0 / 1 vote

1. legal tender

   Song lyrics by legal tender -- Explore a large variety of song lyrics performed by legal tender on the Lyrics.com website.

Matched Categories

1. • Medium Of Exchange

How to pronounce legal tender?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say legal tender in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of legal tender in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of legal tender in Pythagorean Numerology is: 4

Examples of legal tender in a Sentence

1. Bank of England:

   Current banknotes featuring the image of The Queen Majesty The Queen will continue to be legal tender.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=legal tender
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Legal_Tender
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Legal_Tender
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=legal tender