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Legal tender   /lˈigəl tˈɛndər/   Listen
adjective
Legal  adj.  
1.
Created by, permitted by, in conformity with, or relating to, law; as, a legal obligation; a legal standard or test; a legal procedure; a legal claim; a legal trade; anything is legal which the laws do not forbid.
2.
(Theol.)
(a)
According to the law of works, as distinguished from free grace; or resting on works for salvation.
(b)
According to the old or Mosaic dispensation; in accordance with the law of Moses.
3.
(Law) Governed by the rules of law as distinguished from the rules of equity; as, legal estate; legal assets.
Legal cap. See under Cap.
Legal tender.
(a)
The act of tendering in the performance of a contract or satisfaction of a claim that which the law prescribes or permits, and at such time and place as the law prescribes or permits.
(b)
That currency, or money, which the law authorizes a debtor to tender and requires a creditor to receive. It differs in different countries.
Synonyms: Lawful; constitutional; legitimate; licit; authorized. See Lawful.


noun
Tender  n.  
1.
(Law) An offer, either of money to pay a debt, or of service to be performed, in order to save a penalty or forfeiture, which would be incurred by nonpayment or nonperformance; as, the tender of rent due, or of the amount of a note, with interest. Note: To constitute a legal tender, such money must be offered as the law prescribes. So also the tender must be at the time and place where the rent or debt ought to be paid, and it must be to the full amount due.
2.
Any offer or proposal made for acceptance; as, a tender of a loan, of service, or of friendship; a tender of a bid for a contract. "A free, unlimited tender of the gospel."
3.
The thing offered; especially, money offered in payment of an obligation.
Legal tender. See under Legal.
Tender of issue (Law), a form of words in a pleading, by which a party offers to refer the question raised upon it to the appropriate mode of decision.





Collaborative International Dictionary of English 0.48


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"Legal tender" Quotes from Famous Books



... cheap amusement of breaking and satisfying the law of the Twelve Tables. Veratius ran through the streets striking on the face the inoffensive passengers, and his attendant purse-bearer immediately silenced their clamors by the legal tender of twenty-five pieces of copper, about the value of one shilling. The equity of the praetors examined and estimated the distinct merits of each particular complaint. In the adjudication of civil damages the magistrate assumed the right to consider ...
— The Great Events by Famous Historians, Volume 4 • Various
... made to the Comstock's delight in humor of a positive sort. The practical joke was legal tender in Virginia. One might protest and swear, but he must take it. An example of Comstock humor, regarded as the finest assay, is an incident still told of Leslie Blackburn and Pat Holland, two gay men about ...
— Mark Twain, A Biography, 1835-1910, Complete - The Personal And Literary Life Of Samuel Langhorne Clemens • Albert Bigelow Paine
... New York with the mails. In 1862 the war tax and stamp act came in force. It was high and quite a hardship for some but everybody paid it cheerfully and with a good grace, and felt that they were getting off easy. About this time greenbacks came into circulation as money. It was legal tender and you could not refuse it. It made a great deal of hard feeling on many occasions but after a long time it set settled down to a premium on gold, which fluctuated from day to day. Finally the premium on gold was so high that currency was only ...
— California 1849-1913 - or the Rambling Sketches and Experiences of Sixty-four - Years' Residence in that State. • L. H. Woolley
... public institutions, and their commercial regulations.[2] Provincial misunderstandings, that should have been avoided, seriously retarded the building of the Inter-colonial Railway. 'The very currencies differ,' said Lord Carnarvon in the House of Lords. 'In Canada the pound or the dollar are legal tender. In Nova Scotia, the Peruvian, Mexican, Columbian dollars are all legal; in New Brunswick, British and American coins are recognized by law, though I believe that the shilling is taken at twenty-four cents, which is less than its value; in Newfoundland, ...
— The Fathers of Confederation - A Chronicle of the Birth of the Dominion • A. H. U. Colquhoun
... were not the only allies; the whole government in all its branches was alive with them. Just at that moment the Supreme Court was about to take up the Legal Tender cases where Judge Curtis had been employed to argue against the constitutional power of the Government to make an artificial standard of value in time of peace. Evarts was anxious to fix on a line of argument that should have a chance of standing up against that of Judge Curtis, and ...
— The Education of Henry Adams • Henry Adams


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