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Medium of payment recognized by law
Legal tender is a form of money that the law recognises as valid for the discharge of a monetary debt in a jurisdiction. What constitutes legal tender
Legal_tender
Topics referred to by the same term
Look up legal tender in Wiktionary, the free dictionary. Legal tender is a form of currency Legal Tender may refer to: Legal Tender, novel in the Rosato
Legal_Tender
United States Supreme Court cases
The Legal Tender Cases were two 1871 United States Supreme Court cases that affirmed the constitutionality of paper money. The two cases were Knox v. Lee
Legal_Tender_Cases
1991 American film
Legal Tender is a 1991 American erotic thriller film directed by Jag Mundhra and starring Tanya Roberts, Robert Davi, and Morton Downey Jr. Rikki Rennick
Legal_Tender_(film)
1983 single by the B-52's
"Legal Tender" is the first single released by American new wave band the B-52's from their third studio album Whammy! (1983). The lyrics of "Legal Tender"
Legal_Tender_(song)
Type of paper money that was issued from 1862 to 1971 in the United States
A United States Note, also known as a Legal Tender Note, is a type of paper money that was issued from 1862 to 1971 in the United States. Having been current
United_States_Note
Denomination of US currency
it receives, but they are still legal tender. From 1862 to 1880, the US Treasury Department issued $1,000 Legal Tender notes, with three different designs
United States one-thousand-dollar bill
United_States_one-thousand-dollar_bill
Banknotes of the United States dollar
of the United States. Federal Reserve Notes are legal tender, with the words "this note is legal tender for all debts, public and private" printed on each
Federal_Reserve_Note
Retrieved 3 January 2019. Opeyemi, Adeola (18 January 2017). "They are not legal tenders in Nigeria - CBN bans bitcoin, onecoin, others". Legit.ng. Archived
Legality of cryptocurrency by country or territory
Legality_of_cryptocurrency_by_country_or_territory
British coin
Mint in 2013. It is minted with over 99% silver. Twenty pound coins are legal tender in unlimited amounts, but are intended as souvenirs and are almost never
Twenty_pounds_(British_coin)
Current denomination of United States currency
51 mm × 79.375 mm) In March 1862, the first $2 bill was issued as a Legal Tender Note (United States Note) with a portrait of Alexander Hamilton; the
United_States_two-dollar_bill
Currency of the United Kingdom
coins are legal tender for any amount, with the other coins being legal tender only for limited amounts. Bank of England notes are legal tender for any
Pound_sterling
Currency of Canada
sovereign being legal tender at £1 = US$4.86+2⁄3. No coinage was provided for under the 1853 act. Sterling coinage was made legal tender and all other silver
Canadian_dollar
Commemorative denomination of the pound sterling
time by the Royal Mint in 2015 and sold at face value, £100 coins hold legal tender status to unlimited amounts. They are intended as collector's items and
One hundred pounds (British coin)
One_hundred_pounds_(British_coin)
Salvadoran businessman, politician, and economist
Nayib's economic advisors and played a role in the adoption of bitcoin as legal tender in El Salvador. Yusef Alí Bukele Ortez was born on 22 September 1989
Yusef_Bukele
The Utah Legal Tender Act, passed March 10, 2011, recognizes gold and silver coins issued by the United States as legal tender in the state of Utah. This
Utah_Legal_Tender_Act
Currency of Australia
referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent
Australian_dollar
Decentralized digital cryptocurrency
open-source implementation. From 2021 to 2025, El Salvador adopted it as legal tender currency before revoking it. As bitcoin is pseudonymous, its use by criminals
Bitcoin
Country in Central America
as legal tender". Financial Times. Archived from the original on 10 December 2022. Retrieved 9 June 2021. "Why El Salvador Made Bitcoin Legal Tender with
El_Salvador
Currency of the United States
should be issued. These coins are both designated in the section as legal tender in payment of debts. The Sacagawea dollar is one example of the copper
United_States_dollar
Currency of Guernsey
Guernsey used predominantly French currency. Coins of the French livre were legal tender until 1834, with French francs used until 1921. In 1830, Guernsey began
Guernsey_pound
of England issues. Scottish and Northern Irish notes, which are not legal tender but are promissory notes, are occasionally rejected as payment in England
Banknotes of the pound sterling
Banknotes_of_the_pound_sterling
Currency of India
not legal tender in Bhutan and Nepal and are banned by their respective governments. On 29 January 2014, Zimbabwe added the Indian rupee as a legal tender
Indian_rupee
Removal of low-denomination coins from production or circulation
coins are declared to be no longer legal tender; in other countries, such as Australia, they remain legal tender indefinitely. When the coin in question
Withdrawal of low-denomination coins
Withdrawal_of_low-denomination_coins
Monetary system based on the value of gold
quantities of older silver coins as legal tender at their face value. The German Coinage Act kept one-thaler pieces as legal tender at three marks each, and they
Gold_standard
Object or record accepted as payment
convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries
Money
Potential abolition of the United States penny
for collectors and commemorative purposes. However, the coin remains legal tender and in circulation, as only an act of Congress can eliminate forms of
Penny debate in the United States
Penny_debate_in_the_United_States
Interaction between the cryptocurrency Bitcoin and political systems
Legislative Assembly of El Salvador voted legislation to make bitcoin legal tender in El Salvador, alongside the US dollar. The law took effect on 7 September
Bitcoin_and_politics
Denomination of US currency
denomination of US currency to be used by the public. These notes are still legal tender, and thus banks will redeem them for face value. However, their value
United States ten-thousand-dollar bill
United_States_ten-thousand-dollar_bill
1983 studio album by the B-52's
1982 and produced by Steven Stanley. The album spawned three singles: "Legal Tender", "Whammy Kiss", and "Song for a Future Generation". The album entered
Whammy!
Non-circulating legal tender (NCLT) refers to coins that are theoretically legal tender and could circulate but do not because their issue price, and/or
Non-circulating_legal_tender
Currency of Nigeria
into 100 kobo. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. It controls the volume
Nigerian_naira
Currency of Ghana
unit of currency of Ghana. It is the fourth historical and only current legal tender in the Republic of Ghana. One Cedi is divided into one hundred Pesewas
Ghanaian_cedi
Current denomination of United States currency
Federal Reserve Note was shortened to its current wording, THIS NOTE IS LEGAL TENDER FOR ALL DEBTS PUBLIC AND PRIVATE. Also during this time, production of
United States five-dollar bill
United_States_five-dollar_bill
currencies" because they are not legal tender under any sovereign jurisdiction. FinCEN cleared American users of bitcoin of legal obligations by saying, "A user
History_of_bitcoin
Official currency of Malaysia
circulation beginning 1 July 1999. The two denominations hereby ceased to be legal tender and were only exchangeable directly at the central bank; at the time
Malaysian_ringgit
United States, American Eagles are imprinted with their gold content and legal tender face value. The act was passed by United States Congress pursuant to
Gold_Bullion_Coin_Act_of_1985
Denomination of US currency
States currency. The note features president James Madison. It is still legal tender. The United States Department of the Treasury discontinued the note $5000
United States five-thousand-dollar bill
United_States_five-thousand-dollar_bill
Current denomination of United States currency
($500 1862/63 Legal Tender), George Meade, Spain ($1,000 1890/91 Treasury Note), and Robert Morris, England ($1,000 1862/63 Legal Tender; $10 1878/80 Silver
United_States_ten-dollar_bill
British current and historic coinage
specifications as the UK coinage but with local designs; these coins are not legal tender in the mainland United Kingdom. The current decimal coins consist of:
Coins_of_the_pound_sterling
Bitcoin adoption in El Salvador
El Salvador was the first country in the world to use bitcoin as legal tender, after it was adopted as such by the Legislative Assembly of El Salvador
Bitcoin_in_El_Salvador
Scottish banknotes of the pound sterling
retail banks (not government central banks) and because they are not legal tender in the United Kingdom — including Scotland, where, in law, no banknotes
Banknotes_of_Scotland
Banknotes issued by the Bank of England
issue banknotes in England and Wales, where its notes are legal tender. They are not legal tender in Scotland and Northern Ireland, but are accepted there
Bank_of_England_note_issues
Currency not backed by any commodity
created by a central bank, authorized by government regulation to be legal tender but not backed by a precious metal, such as gold or silver, nor by any
Fiat_money
Paper currency issued by the United States during the American Civil War
States Notes, issued in 1862–1865. A form of fiat money, the notes were legal tender for most purposes and carried varying promises of eventual payment in
Greenback_(1860s_money)
Banknote
September 2022, when the last "paper" banknote issue finally ceased to be legal tender. £50 notes were introduced by the Bank of England for the first time
Bank_of_England_£50_note
There are 180 currencies recognized as legal tender in United Nations (UN) member states, UN General Assembly non-member observer states, partially recognized
List of circulating currencies
List_of_circulating_currencies
President of El Salvador since 2019
accuracy has been contested. Bukele passed a law in 2021 that made bitcoin legal tender in El Salvador and promoted plans to build Bitcoin City. In June 2023
Nayib_Bukele
US Supreme Court justice from 1858 to 1881
against exercise of federal authority came in the Legal Tender cases. The cases dealt with the Legal Tender Act of 1862, passed to permit the issuance of
Nathan_Clifford
Currency of Indonesia
rupiah (symbol: Rp; currency code: IDR) is the official currency and sole legal tender in Indonesia. It is issued and managed by Bank Indonesia, while its banknotes
Indonesian_rupiah
Standardization of money
governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government
Currency
Monetary principle
money, where both forms are required to be accepted at equal value as legal tender. In Gresham's day, bad money included any coin that had been debased
Gresham's_law
El Salvador legislation
Salvador on 8 June 2021, giving the cryptocurrency bitcoin the status of legal tender within El Salvador after 7 September 2021. It was proposed by President
Bitcoin_Law
1884 United States Supreme Court case
States case in which issuance of greenbacks as legal tender in peacetime was challenged. The Legal Tender Acts of 1862 and 1863 were upheld. Augustus D
Juilliard_v._Greenman
2017 novel by Agustina Bazterrica
Tender Is the Flesh (Spanish: Cadáver exquisito) is a dystopian novel by Argentine author Agustina Bazterrica. The novel was originally published in Spanish
Tender_Is_the_Flesh
Currency of South Africa
and a comma separates the rand and cents. The South African rand is legal tender in the Common Monetary Area member states of Namibia, Lesotho, and Eswatini
South_African_rand
Currency
The balboa has been tied to the United States dollar (which is also legal tender in Panama) at an exchange rate of 1:1 since its introduction and always
Panamanian_balboa
Type of United States paper money
it issued short term debt called Treasury Notes, but these were not legal tender. The Demand Notes were a transitional issue connecting these Treasury
Demand_Note
Obsolete denomination of Indian currency
been returned, the ₹2,000 note continues to remain legal tender. The ₹2000 note is still legal tender as of August 2025. It was released by the Reserve
Indian_2000-rupee_note
Rounding debts to the lowest physical denomination
inflation. Cash rounding may be a compulsory legal requirement if such coins are no longer legal tender, or a voluntary practice where they remain in
Cash_rounding
Currency of the European Union
to be legal tender varied from member state to member state. The earliest date was in Germany, where the mark officially ceased to be legal tender on 31
Euro
Currency of the Cook Islands
government and freely interchangeable; the New Zealand dollar remained legal tender alongside the new currency. The Currency Reserves Amendment Act 1989
Cook_Islands_dollar
Form of physical currency made of paper, cotton or polymer
money that is issued by banks. Paper money is often, but not always, legal tender, meaning that courts of law are required to recognize them as satisfactory
Paper_money
Currency of Switzerland and Liechtenstein
or simply the franc, is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia
Swiss_franc
Use of a foreign currency in parallel to or instead of a domestic currency
economic effects of currency substitution. Panama adopted the US dollar as legal tender after independence as the result of a constitutional ruling. Ecuador
Currency_substitution
Currency from items of intrinsic value
in the jurisdiction of the government which declares the coin to be legal tender. The value of the precious metal in the coin may give it another value
Commodity_money
Name of several currency units
and Luxembourg, while Andorra and Monaco accepted the French franc as legal tender (Monégasque franc). The franc was also used in former French colonies
Franc
Indian coin
before 2019 are also legal tender in India. All ₹10 coins containing with and without the rupee currency sign are legal tender, as stated by the Reserve
Indian_10-rupee_coin
Obsolete denomination of British currency
notes ceased to be legal tender on 22 November 1970. In the Isle of Man, both the English and Manx 10/– notes continued to be legal tender for 50 pence until
Bank of England 10 shilling note
Bank_of_England_10_shilling_note
Currency of the Isle of Man, at par with sterling
All notes and coins that are legal tender in any part of the United Kingdom (e.g. Bank of England notes) are legal tender within the Isle of Man. Unlike
Manx_pound
Currency of the British Mandate of Palestine and later Israel from 1927 to 1952
first introduced into Egypt in 1834, but several other currencies were legal tender at fixed exchange rates that were vigorously enforced. After the establishment
Palestine_pound
integration plan beginning 1 January 2001, by which the U.S. dollar became legal tender alongside the colón, and all formal accounting was undertaken in U.S
Economy_of_El_Salvador
Canadian banknotes no longer in circulation
permanently retired, and as of January 1, 2021, these notes are no longer legal tender: The $25 note was issued only in 1935, to commemorate the silver jubilee
Withdrawn_Canadian_banknotes
Banknote of the European Union
been issued by central banks in the euro area, but it continues to be legal tender and can be used as a means of payment. It is one of the highest-value
500_euro_note
unilaterally adopted the euro in 2002 as its de facto domestic currency and legal tender. In the early 20th century, during the short-lived Kingdom of Montenegro
Montenegro_and_the_euro
Obsolete Zimbabwean banknote
equal to 40 US cents in 2015. Issued by the Reserve Bank of Zimbabwe and legal tender from January to June 2009, it was one of the world's largest currency
Zimbabwean one hundred trillion dollar note
Zimbabwean_one_hundred_trillion_dollar_note
and the Hongkong and Shanghai Banking Corporation) were all declared legal tender. The government took over production of 1-dollar notes. In 1941, the
Banknotes of the Hong Kong dollar
Banknotes_of_the_Hong_Kong_dollar
British gold coin
half sovereign, double sovereign and quintuple sovereign – is still legal tender in the United Kingdom, having survived the decimalisation of the pound
Sovereign_(British_coin)
Currency of the Islamic Republic of Pakistan
hundred paisa (Urdu: پیسہ); however, paisa-denominated coins have not been legal tender since 2013. The issuance of the currency is controlled by the State Bank
Pakistani_rupee
Currency of Sweden
mintages of the 1-krona (since 1875) and 2-kronor (since 1876) were still legal tender until 2017, though 2-kronor coins were extremely rarely seen in circulation
Swedish_krona
Unofficial issue that is not legal tender
appears to be money (coin or paper note) but is privately made and is not legal tender nor intended for payment. It is also not considered counterfeit as it
Fantasy_issue
Currency of Hong Kong
this end, in 1845, the Spanish or Mexican 8 reales coins were set at a legal tender value of 4 shillings, 2 pence sterling (50 pre-decimal pence).[citation
Hong_Kong_dollar
Currency of Mexico
circulated globally in trade and as reserve currencies. They were also legal tender in the United States, Canada, and China, and served as a model for the
Mexican_peso
British coin denominating two pounds sterling
occasions. Although legal tender, those earlier coins had never been common in everyday circulation. Two pound coins are legal tender to any amount when
Two_pound_coin
Rare, naturally occurring metallic chemical element of high economic and cultural value
$20). Many nations mint bullion coins. Although nominally issued as legal tender, these coins' face value as currency is far below their value as bullion
Precious_metal
Bank of Nigeria (CBN) is the sole authority responsible for issuing legal tender in the country. The naira was introduced on 1 January 1973, replacing
Banknotes of the Nigerian naira
Banknotes_of_the_Nigerian_naira
British decimal coin
in 1971. It remained the same size as the florin (which also remained legal tender) until a smaller version was introduced on 30 September 1992, with the
Ten_pence_(British_coin)
Currency of Nepal
(Nepali: नेपाली रुपैयाँ; sign: रु; code: NPR) is the official currency and legal tender of Nepal. It is also sometimes abbreviated as N₨ or Re./Rs. informally
Nepalese_rupee
Smallest denomination of England's banknotes
reformer Elizabeth Fry on the reverse, was phased out and ceased to be legal tender after 5 May 2017.[citation needed] Five pound notes (£5) were introduced
Bank_of_England_£5_note
Investment in the precious metal silver
silver bars of about 1,000 troy ounces each. Silver bullion coins are legal-tender coins issued by government mints. Their investment value usually depends
Silver_as_an_investment
Coin of the United Kingdom
coins minted after 1990 are legal tender up to the sum of £5 when offered in repayment of a debt; however, the coin's legal tender status is not normally relevant
Five_pence_(British_coin)
Chinese currency during 1935–1948
Currency (CNC), often transliterated as fapi or fabi or translated as Legal Tender Note, was the currency of China between 1935 and 1948. Introduced in
Chinese_National_Currency
Private mint
commemoratives, and collectibles. The company does not produce coins that are legal tender in the United States and they are not affiliated, endorsed, or licensed
National_Collector's_Mint
Monetary system
dollar, which would continue until the 1920s. Gold and silver coins were legal tender, including the Spanish real. Due to the huge debt taken on by the US
Silver_standard
Currency of the Philippines
peso coins. The Spanish-Filipino peso remained in circulation and were legal tender in the islands until 1904, when the American authorities demonetized
Philippine_peso
which is still circulating today. Only this current series of coins are legal tender since May 1, 2020, when the Bangko Sentral ng Pilipinas demonetized the
Coins_of_the_Philippine_peso
Paper money issued by a bank
originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to
Banknote
British decimal coin
pence coins are legal tender for amounts only up to the sum of 20p when offered in repayment of a debt; however, the coin's legal tender status is not normally
Two pence (British decimal coin)
Two_pence_(British_decimal_coin)
1870 United States Supreme Court case
declared certain parts of the Legal Tender Acts to be unconstitutional. Specifically, making United States Notes legal tender was unconstitutional. The lawsuit
Hepburn_v._Griswold
1983 single by the B-52's
on the U.S. Hot Dance Club Play chart, along with the album tracks "Legal Tender" and "Song for a Future Generation." "Whammy Kiss" – 5:20 "Song for a
Whammy_Kiss
travel, tourism, insurance
LEGAL TENDER
LEGAL TENDER
Boy/Male
American, Anglo, Australian, British, English, French
Faithful; Loyal
Boy/Male
Irish
Regal.
Boy/Male
Celtic
Regal.
Boy/Male
Greek
Regal.
Girl/Female
French
Regal.
Boy/Male
Celtic
Regal.
Boy/Male
Irish
Regal.
Boy/Male
French English
Faithful.
Surname or Lastname
English, Spanish, and Portuguese
English, Spanish, and Portuguese : nickname for a loyal or trustworthy person, from Old French leial, Spanish and Portuguese leal ‘loyal’, ‘faithful (to obligations)’, Latin legalis, from lex, ‘law’, ‘obligation’ (genitive legis).
Boy/Male
Greek
Regal.
Boy/Male
Celtic Irish
Regal.
Boy/Male
Arabic, Muslim
Legal; Lawful
Boy/Male
Greek
Regal.
Girl/Female
French
Regal.
Girl/Female
Polish
Regal.
Surname or Lastname
English
English : unexplained.
Boy/Male
Irish
Regal.
Boy/Male
Greek
Regal.
Boy/Male
Greek
Regal.
Boy/Male
Irish
Regal.
LEGAL TENDER
LEGAL TENDER
LEGAL TENDER
LEGAL TENDER
LEGAL TENDER
LEGAL TENDER
LEGAL TENDER
travel, tourism, insurance