Legal tender definition

Legal tender means a medium of exchange, including specie, that is authorized by the United States Constitution or Congress for the payment of debts, public charges, taxes and dues.
Legal tender means a medium of exchange or unit of value, including the coin or
Legal tender means any national currency, such as U.S. dollars, that may be used in connection with a purchase or sale of Digital Assets via the Services, and does not include any Digital Asset.

Examples of Legal tender in a sentence

  • Our Services do not provide users with the ability to trade Legal Tender Money or one form of Fiat Assets for another form of Fiat Assets.

  • COMPENSATION Fees Paid in Legal Tender In Canada all payments required to be made by the to the Artist shall be in the legal tender of Canada, except when otherwise requested by the Artist, and accepted by the in which case the exchange rate used for dues and benefit calculation shall be stipulated on the face of the engagement contract.

  • LATOKEN does not deposit, withdraw, keep or transmit Fiat Money / Legal Tender Money.

  • LATOKEN does not sell Digital Assets for Fiat Money / Legal Tender Money and does not conduct any transactions involving Fiat Money / Legal Tender Money.

  • The amount of time required to process a transfer of Legal Tender to or from your CoinBurp Account will depend on a variety of factors, including the performance of third parties responsible for maintaining the applicable External Bank Account.


More Definitions of Legal tender

Legal tender means a medium of exchange or unit of value, including
Legal tender means coins and currency;
Legal tender means a currency designated as legal tender in a particular country or jurisdiction, such as U.S. dollars.
Legal tender means a recognized medium of exchange for the payment of debts and taxes;
Legal tender means a medium of exchange or unit of value, including the coin or paper money of the United States, issued by the United States or by another government.
Legal tender means that if a debtor pays in legal tender the exact amount they owe under the terms of a contract, they have a good defence in law if they are subsequently sued for non-payment of the debt. In practice, the concept of 'legal tender' does not govern the acceptability of banknotes as a means of payment. This is essentially a matter for agreement between the parties involved.
Legal tender means a medium of exchange, currency, or money that may be accepted for the satisfaction of debts under the laws of the State of South Carolina or the United States.