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legal tender
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English Dictionary: legal tender by the DICT Development Group
3 results for legal tender
From WordNet (r) 3.0 (2006) [wn]:
legal tender
n
  1. something that can be used as an official medium of payment
    Synonym(s): tender, legal tender, stamp
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
   Legal \Le"gal\ (l[emac]"g[ait]l), a. [L. legalis, fr. lex,
      legis, law; prob. orig., that which lies or is fixed (cf. L.
      lectus bed), and if so akin to E. lie, law: cf. F. l[82]gal.
      Cf. {Lie} to be prostrate, {Loyal}, {Leal}.]
      1. Created by, permitted by, in conformity with, or relating
            to, law; as, a legal obligation; a legal standard or test;
            a legal procedure; a legal claim; a legal trade; anything
            is legal which the laws do not forbid.
  
      2. (Theol.)
            (a) According to the law of works, as distinguished from
                  free grace; or resting on works for salvation.
            (b) According to the old or Mosaic dispensation; in
                  accordance with the law of Moses.
  
      3. (Law) Governed by the rules of law as distinguished from
            the rules of equity; as, legal estate; legal assets.
            --Bouvier. --Burrill.
  
      {Legal cap}. See under {Cap}.
  
      {Legal tender}.
            (a) The act of tendering in the performance of a contract
                  or satisfaction of a claim that which the law
                  prescribes or permits, and at such time and place as
                  the law prescribes or permits.
            (b) That currency, or money, which the law authorizes a
                  debtor to tender and requires a creditor to receive.
                  It differs in different countries.
  
      Syn: Lawful; constitutional; legitimate; licit; authorized.
               See {Lawful}.

From Webster's Revised Unabridged Dictionary (1913) [web1913]:
  
  
      {Legal tender}. See under {Legal}.
  
      {Tender of issue} (Law), a form of words in a pleading, by
            which a party offers to refer the question raised upon it
            to the appropriate mode of decision. --Burrill.
No guarantee of accuracy or completeness!
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