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| rdfs:label | |
| rdfs:comment | - Legal tender is any official medium of payment recognized by law that can be used to extinguish a public or private debt, or meet a financial obligation.
- Legal tender is a money, that, by law, can be used to make payments against the will of an exchange partner. Legal tender laws were instrumental in promoting fractional reserve banking.
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| owl:sameAs | |
| dcterms:subject | |
| dbkwik:austrianeconomics/property/wikiPageUsesTemplate | |
| abstract | - Legal tender is any official medium of payment recognized by law that can be used to extinguish a public or private debt, or meet a financial obligation.
- Legal tender is a money, that, by law, can be used to make payments against the will of an exchange partner. Legal tender laws were instrumental in promoting fractional reserve banking.
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