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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Example Sentences
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Recent Examples of legal tender
Consider the most recent developments: President Nayib Bukele’s El Salvador, the first nation to adopt Bitcoin as legal tender in 2021, has reported more than $333 million in Bitcoin profits.
—
Frank Holmes, Forbes, 9 Dec. 2024
World & Nation How a California surfer helped bring bitcoin to El Salvador
June 22, 2021
There were street protests when the Congress made bitcoin legal tender in June 2021, though that move was not the only motivation for the protesters.
—Marcos Alemán, Los Angeles Times, 5 Dec. 2024
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
See All Example Sentences for legal tender
Frank Holmes, Forbes, 9 Dec. 2024
World & Nation How a California surfer helped bring bitcoin to El Salvador
June 22, 2021
There were street protests when the Congress made bitcoin legal tender in June 2021, though that move was not the only motivation for the protesters.
—Marcos Alemán, Los Angeles Times, 5 Dec. 2024
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
See All Example Sentences for legal tender
Recent Examples of Synonyms for legal tender
Noun
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The group expects a return to revenue growth and positive cash generation this year along with steady margins.—
Giulio Piovaccari,
USA TODAY,
27 Feb. 2025
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Strong cash flows helped the firm swing to a net cash position of £475 million from having net debt of £2 billion in 2023.—
Royston Wild,
Forbes,
27 Feb. 2025
Noun
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Republicans in both the Senate and House are working on a longer-term budget plan, but in the meantime the government will run out of money in mid-March without some sort of short-term action.—
Geoffrey Skelley,
ABC News,
3 Mar. 2025
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That figure reflects actual sales made through October — the holiday period money isn’t distributed until later in the fiscal year, the staff report notes.—
Barbara Henry,
San Diego Union-Tribune,
3 Mar. 2025
Noun
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These methods work for a coin or two, but would be cumbersome for large deals.—
Dave Birnbaum,
Forbes,
27 Feb. 2025
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The Bahamas Assembly approved the coins, commissioning the Soho Mint in Birmingham, England, to produce them.—
David Faris,
Newsweek,
27 Feb. 2025
Noun
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Monday's announcement is the latest push to honor Tubman on the currency and remove Jackson, the country's seventh president and a slaveholder.—
Chandelis Duster,
NPR,
10 Mar. 2025
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The dollar has been weakening against most other currencies.—
Brendan Coffey,
Sportico.com,
9 Mar. 2025
Articles Related to legal tender
Cite this Entry
“Legal tender.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/legal%20tender. Accessed 13 Mar. 2025.
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