Phrases with «legal tender»

Legal tender is a medium of payment recognized by a legal system to be valid for meeting a financial obligation. (Wikipedia) (See all definitions)

Connected phrases:

Sentences with «legal tender» (usage examples):

  • In a token sale, some quantity of the cryptocurrency economy is allocated to investors in the form of «tokens,» in exchange for legal tender or other cryptocurrencies such as Bitcoin or Ethereum. (cryptyk.io)
  • The Marshall Islands is ready to develop the only legal tender issued as a cryptocurrency asset in the world. (fxstreet.com)
  • Hogeg plans to do this by issuing a new cryptocurrency and selling some of it to investors in exchange for legal tender or other cryptocurrencies, such as Bitcoin. (businessinsider.com)
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