Examples of Legal tender in a sentence
This is, in particular, because the UK was signatory to the treaties, and unless otherwise directed, a Legal tender law from an exiting country in flagrant violation of the treaties will be considered to be manifestly contrary to UK public policy and the Lex Monetae of the exiting country will likely not be upheld in UK Courts.
Legal tender is roughly interpreted as obliging the economic agents to accept the instrument as payment, but this interpretation is not always fitting.
Legal tender status should ensure a wide acceptance of the digital euro.
Legal tender has the advantage of being usable for transactions across the country (or even outside); and is more generally accepted.
Legal tender, created as debt, results in ever larger debt burdens thrust upon innocent future generations that will experience progressively lower living standards and reduced economic opportunity.