Legal tender
Term · Law · MLC-T-LAW-002985
Currency that a creditor must accept in payment for a debt, as specified by law. It is typically issued by a national government and includes banknotes and coins. In the United States, all U.S. coins and currency are legal tender for all debts, public and private.
| Identifier | MLC-T-LAW-002985 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002985",
"term": "Legal tender",
"field": "Law",
"definition": "Currency that a creditor must accept in payment for a debt, as specified by law. It is typically issued by a national government and includes banknotes and coins. In the United States, all U.S. coins and currency are legal tender for all debts, public and private.",
"url": "https://mlchart.com/terminology/law/legal-tender/"
}
Record 2,933 of 5,441 in Law terminology (MLC-0107). Request the full dataset.