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. (
  • The Marshall Islands is ready to develop the only legal tender issued as a cryptocurrency asset in the world. (
  • 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. (
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