legal-tender notes

legal-tender notes
Notes declared legal tender by Act of Congress. State v Beebe, 17 Minn 241.

Ballentine's law dictionary. . 1998.

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  • in gold or the equivalent thereof in United States legal tender notes — A provision under which an obligation is completely discharged by a payment in legal tender notes, dollar per dollar. Killough v Alford, 32 Tex 457 …   Ballentine's law dictionary

  • Legal tender — This article is about the payment medium. For the song, see Legal Tender (song). Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation.[1] Paper currency is a common form …   Wikipedia

  • Legal Tender Note — United States Note 3 types de United States Note des années 1880 Le United States Note (aussi appelé greenback ) est un type de monnaie fiduciaire mis en circulation directement par le département du Trésor des États Unis entre 1862 et 1971. Ces… …   Wikipédia en Français

  • legal tender — n: money that is legally valid for the payment of debts and that must be accepted for that purpose when offered Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. legal tender …   Law dictionary

  • legal tender — ˌlegal ˈtender noun [uncountable] FINANCE coins and bank notes that are officially allowed to be used as money in a particular place: • These notes are no longer legal tender. * * * legal tender UK US noun [U] MONEY ► coins or bank notes that are …   Financial and business terms

  • legal tender — n [U] coins or bank notes that people can officially use as money in a particular country …   Dictionary of contemporary English

  • Legal Tender Cases — The Legal Tender Cases were a series of United States Supreme Court cases in the latter part of the nineteenth century that affirmed the constitutionality of paper money. In the 1870 case of Hepburn v. Griswold , the Court had held that paper… …   Wikipedia

  • Legal Tender Cases — ▪ United States history       (1870, 1871), two cases decided by the U.S. Supreme Court regarding the power of Congress to authorize government notes not backed by specie as money that creditors had to accept in payment of debts.       To finance …   Universalium

  • legal tender — Money that must be accepted in discharge of a debt. It may be limited legal tender, i.e. it must be accepted but only up to specified limits of payment; or unlimited legal tender, i.e. acceptable in settlement of debts of any amount. Bank of… …   Accounting dictionary

  • legal tender — Money that must be accepted in discharge of a debt. It may be limited legal tender, i. e. it must be accepted but only up to specified limits of payment; or unlimited legal tender, i. e. acceptable in settlement of debts of any amount. Bank of… …   Big dictionary of business and management

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