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Definitions

legal tender



Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The top recommendation was to "safeguard monetary sovereignty and stability by strengthening monetary policy frameworks and do not grant crypto assets official currency or legal tender status."

From Reuters

The Central African Republic, which adopted bitcoin as legal tender in April, said on Monday it had delayed listing its national cryptocurrency token, citing "current market conditions" and "marketing reasons."

From Reuters

El Salvador uses the U.S. dollar as legal tender.

From Reuters

El Salvador last year became the first country to make the cryptocurrency bitcoin legal tender, drawing criticism from international lenders.

From Seattle Times

The currency was created by France in the late 1940s to serve as legal tender in its then-African colonies.

From BBC