as in cash
something (as pieces of stamped metal or printed paper) customarily and legally used as a medium of exchange, a measure of value, or a means of payment
coins and bills are considered legal tender, but postage stamps are not
Synonyms & Similar Words
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Examples Sentences
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Recent Examples of legal tender
The slow but steady march of crypto products into mainstream financial systems — El Salvador adopted Bitcoin as legal tender in 2021 — has piqued broader interest in the subject.
—
Cynthia Littleton, Variety, 19 Oct. 2024
Countries like El Salvador and regions with economic instability increasingly turn to bitcoin as legal tender or reserve asset.
—Susie Violet Ward, Forbes, 6 Oct. 2024
In June 2019, the government recognized the RTGS dollar as legal tender and rechristened it the new Zimbabwean dollar, while at the same time barring the use of the U.S. dollar.
—Tendai Biti, Foreign Affairs, 20 Aug. 2019
And Bhutan El Salvador is famous for becoming the first country to adopt bitcoin as legal tender, integrating it into several national projects aimed at stimulating economic growth and reducing debt.
—Marie Poteriaieva, Forbes, 17 Sep. 2024
See all Example Sentences for legal tender 
Cynthia Littleton, Variety, 19 Oct. 2024
Countries like El Salvador and regions with economic instability increasingly turn to bitcoin as legal tender or reserve asset.
—Susie Violet Ward, Forbes, 6 Oct. 2024
In June 2019, the government recognized the RTGS dollar as legal tender and rechristened it the new Zimbabwean dollar, while at the same time barring the use of the U.S. dollar.
—Tendai Biti, Foreign Affairs, 20 Aug. 2019
And Bhutan El Salvador is famous for becoming the first country to adopt bitcoin as legal tender, integrating it into several national projects aimed at stimulating economic growth and reducing debt.
—Marie Poteriaieva, Forbes, 17 Sep. 2024
See all Example Sentences for legal tender
Recent Examples of Synonyms for legal tender
Noun
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Listen to this article A man was arrested in connection with a robbery at a gas station in West Haven on Tuesday after he was allegedly found walking nearby with a stash of loose cash.—
Justin Muszynski,
Hartford Courant,
22 Jan. 2025
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After setting aside that initial pile of cash, however, 75% apparently goes to Trump’s company, and 25% gets split between other insiders, including the family of Steve Witkoff, Trump’s incoming special envoy to the Middle East.—
Dan Alexander,
Forbes,
22 Jan. 2025
Noun
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Gale says the group has used the money to hire a biologist and engineer who are studying their location data, in particular.—
Stephanie O'Neill,
NPR,
26 Jan. 2025
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And then later, Elon Musk was saying those guys don't have the money.—
ABC News,
ABC News,
26 Jan. 2025
Noun
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The token, hosted on the Solana blockchain, has been limited to a supply of 200 million coins at launch before expanding to 1 billion over the next three years, according to the coin’s website.—
Ty Roush,
Forbes,
23 Jan. 2025
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The Bucks and Suns ultimately had a coin flip in 1968 to determine which team would get the No. 1 pick in the 1969 NBA Draft.—
Damon Sayles,
The Athletic,
22 Jan. 2025
Noun
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Trump holds off on tariffs, cheering markets President Trump held off imposing broad tariffs on Day 1 of his presidency, instead ordering reviews of trade and currency imbalances.—
Andrew Freedman,
Axios,
21 Jan. 2025
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Leaders in the industry, including JPMorgan Chase CEO Jamie Dimon, have lambasted bitcoin as a currency for criminals and fraudsters.—
Hugh Son,
CNBC,
21 Jan. 2025
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Cite this Entry
“Legal tender.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/legal%20tender. Accessed 30 Jan. 2025.
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