legal tender
noun
: money that is legally valid for the payment of debts and that must be accepted for that purpose when offered
Synonyms
Examples of legal tender in a Sentence
Soon after France adopted the euro, the French franc ceased to be legal tender.
coins and bills are considered legal tender, but postage stamps are not
Recent Examples on the Web
In 2021, El Salvador adopted Bitcoin as a legal tender alongside the US dollar.
—
Michael Rios, CNN, 7 Apr. 2024
Bukele’s attention-grabbing, quixotic bid to make bitcoin legal tender in El Salvador has done little to address deeper problems.
—Ishaan Tharoor, Washington Post, 6 Feb. 2024
See all Example Sentences for legal tender 
Michael Rios, CNN, 7 Apr. 2024
Bukele’s attention-grabbing, quixotic bid to make bitcoin legal tender in El Salvador has done little to address deeper problems.
—Ishaan Tharoor, Washington Post, 6 Feb. 2024
See all Example Sentences for legal tender
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'legal tender.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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Cite this Entry
“Legal tender.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/legal%20tender. Accessed 29 May. 2024.
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