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What else can I help you with?
Who use legal tender?
Legal tender is everyday money.
What is legal tender money?
a legal medium of payment
Can US money be used in Australia?
No. Only Australian currency is legal tender in Australia.
What is the legal tender of south Australia?
Money
Is Monopoly money legal currency?
No. Monopoly money is only legal tender in the Monopoly game.
Is new zealand money legal tender in Australia?
No. Most countries accept as Legal Tender only their own currency.
What is the difference between Fiat money and legal tender?
Fiat money is the money with no intrinsic value and its value is guaranteed by the monetary authority. Thus, Fiat money is with legal tender. People is bound to accept it.
Legal tender money?
Legal tender money is currency recognized by a government as valid for settling financial obligations, like taxes, debts, or purchases. It must be accepted for payment within the jurisdiction that issued it. Examples include banknotes and coins issued by a government's central bank.
Is it legal to photo copy paper money with the statement legal tender on it?
No sir do not do that it can land you in jail
Money that a creditor must accept by law is called what?
legal tender.
Another name for money?
greenbacks, money, curreny, monetary, percuniary
Is a twenty pound Scottish note legal tender in England?
Yes all Scottish notes are legal tender throughout the UK, that is in England, Northern Ireland and Wales. Actually no. Scottish and Northern Irish notes may be used in any part of the UK and as they are marked Sterling, most shops will accept them. They are not legal tender however. Legal tender is a misunderstood term and does not refer to whether money is currency that can be used. Scottish and Northern Irish sterling notes are not legal tender in any part of the UK. No banknote is legal tender in Scotland or N. Ireland in fact! This money is issued by retail banks and is classed as a promissory note not Legal Tender. The expression Legal Tender is to do with debt payment laws and refers to a form of payment that is legally always acceptable. In England and Wales the only legal tender is money issued by the Bank of England and no note is Legal Tender in Scotland or Northern Ireland including their own notes. There is quite a good discussion of this on the Royal Mint banknote site.
