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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As an bonus, this would save the cash taking unnecessary detours to the federal government to pay bureaucrats, some of whom Elon Musk’s DOGE (Department of Government Efficiency) suspects to be curiously well-off indeed.—
Clyde Wayne Crews Jr.,
Forbes,
11 Mar. 2025
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The company terminated its $5 million revolving line of credit in January 2024 and expects its cash and cash equivalents to be sufficient to fund operations through 2025.—
Quartz Intelligence Newsroom,
Quartz,
10 Mar. 2025
Noun
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But MicroStrategy, the company that’s now known as Strategy and has been raising money to buy bitcoin, slid to a loss of 1.8%.—
Stan Choe,
Los Angeles Times,
3 Mar. 2025
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Well, apparently the Kentucky distillery is continuing its altruistic streak, because starting today nonprofit organizations can apply to the 100 Bourbon Sets for 100 Charities initiative to receive some of its most valuable bottles to auction off to raise money for a series of good causes.—
Jonah Flicker,
Robb Report,
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 14 Mar. 2025.
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