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 deadline to turn in old notes has already been extended once to Feb. 10, after which they would no longer have been legal tender.

From Reuters

The bank had issued a 10 February deadline for the old notes to cease being legal tender, but the Supreme Court stopped it as a result of a legal challenge from 10 states.

From BBC

When announcing the redesign, the CBN said the new notes would begin circulating from 15 December and the old notes would cease to be legal tender at the end of January.

From BBC

El Salvador's move to make bitcoin legal tender in September 2021 effectively closed the doors to IMF financing.

From Reuters