specie

n.
Coined money; coin.

idiom:

in specie

1. In coin.
2. In a similar manner; in kind: repaid the offense in specie.
3. LawIn the same kind or shape; as specified. In the same kind or shape; as specified.

[From (in) specie, (in) the actual form, from Latin (in) speciē, (in) kind, ablative of speciēs. See species.]

Any form of currency issued by the United States Treasury and not the Federal Reserve System, including gold and silver coins, Treasury notes and Treasury bonds. Lawful money stands in contrast to fiat money, to wich the government assigns value although it has no intrinsic value of its own and is not backed by reserves. Fiat money includes legal tender such as paper money, checks, drafts and bank notes.

Also known as "specie", which means "in actual form."

Investopedia Says:
Oddly enough, the dollar bills that we carry around in our wallets are not considered lawful money. The notation on the bottom of a U.S. dollar bill reads "Legal Tender for All Debts, Public and Private", and is issued by the U.S. Federal Reserve, not the U.S. Treasury. Legal tender can be exchanged for an equivalent amount of lawful money, but effects such as inflation can change the value of fiat money; lawful money is said to be the most direct form of ownership, but for purposes of practicality it has little use in direct transactions between parties anymore.

Related Links:
It's a part of everyone's life, and we all want it, but do you know how it gains value and how it is created? What Is Money?
If your investments in the stock market are keeping you from sleeping at night, it's time to learn about the safer alternatives in the money market. The Money Market

Money in the form of coins, usually gold or silver, as opposed to Paper Money. Also called Hard Currency. Since the gold standard was abolished in the 1930s, gold coins, aside from their higher intrinsic value and demand as collectibles, no longer have any special worth as a standard of value in world trade.

Money that has an intrinsic value, e.g., gold and silver coins. These are coins made of scarce metals which are usually minted in various denominations differentiated by weight and fineness. Most often these coins are stamped with government seals and insignias signifying their value as currency. See 79 U.S. (12 Wall.) 687, 695. See also in specie.

This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)

Dansk (Danish)
n. - metal (som betalingsmiddel), udmøntet metal

idioms:

• in specie    i mønt

Nederlands (Dutch)
(munt)geld

Français (French)
n. - (Fin) espèces

idioms:

• in specie    en espèces

Deutsch (German)
n. - Hartgeld

idioms:

• in specie    in Hartgeld

Ελληνική (Greek)
n. - κέρματα, νομίσματα

idioms:

• in specie    με νομίσματα, (ανταπόδοση) με το ίδιο νόμισμα

Italiano (Italian)
moneta

idioms:

• in specie    moneta metallica

Português (Portuguese)
n. - espécie, numerário

idioms:

• in specie    em moeda

Русский (Russian)
род, порода, разновидность, вид, чувственное представление, умственный образ, металлические деньги

idioms:

• in specie    наличными деньгами, той же монетой

Español (Spanish)
n. - metálico, efectivo

idioms:

• in specie    en metálico

Svenska (Swedish)
n. - mynt

中文（简体）(Chinese (Simplified))
正币, 硬币

idioms:

• in specie    照原样, 同样方式

中文（繁體）(Chinese (Traditional))
n. - 正幣, 硬幣

idioms:

• in specie    照原樣, 同樣方式

한국어 (Korean)
n. - 정금, 정화

idioms:

• in specie    종류로서는, 같은 종류의 것으로, 규정된 대로

日本語 (Japanese)
n. - 正金, 正貨

idioms:

• in specie    種類としては, 本質的には, 正貨で

العربيه (Arabic)
‏(الاسم) نقد أو عمله مسكوكه‏

עברית (Hebrew)
n. - ‮מטבעות, מצלצלים‬

If you are unable to view some languages clearly, click here.

To select your translation preferences click here.