Sentences with phrase «legal tender gold»
Should a soda machine be compelled to accept $ 100 bills or $ 20 legal tender gold coins?
https://money.stackexchange.com/ Not exact matches
She asked them to consider a safe harbor for virtual currency startups, and to consider only regulating exchanges that change so - called fiat currencies — or legal tender that's not backed by physical commodities like gold — into virtual ones.
From 2007 - 2009 and also again in 2011 the Royal Canadian Mint also put out a.99999 Canadian Gold Maple Leaf with a legal tender value of 200 dollars.
Besides legal tenders such as Dollar, Ruble, Euro, RMB, and virtual currencies such as Bitcoin, Litecoin, LNC also can be exchanged with indirect currencies such as gold, silver and valuable financial derivatives.
Soon, Banque Générale had issued vast quantities of bank notes even though they did not have an equivalent amount of gold and silver - based legal tender for everyone who eventually wished to redeem their notes.
It must be emphasised that gold, stocks, bonds, and other such assets are also not legal tender.
The IAMAI panel statement said that every citizen and business in this country should play their role in eliminating financing of illegitimate activities, regardless of whether such financing is done using legal tender, cryptocurrency, gold, or any other medium.
As well, only legal - tender coins produced by the Royal Canadian Mint are eligible for RRSP gold investing.
Treasury notes had full legal tender status and were not convertible into gold through the Bank; they replaced the gold coin in circulation to prevent a run on sterling and to enable raw material purchases for armament production.
As there is no ATM here — there are card machines though — it seems that gold would be an appropriate legal form of tender.
The works in Facsimile play in that gap between gold standard and legal tender.
Foreign gold or silver coins are not legal tender for debts.
This beautiful gold coin carries a legal tender value of 100 Australian Dollars.
«Every citizen and business in this country should play their role in eliminating financing of illegitimate activities, regardless of whether such financing is done using legal tender, cryptocurrency, gold or any other medium.