tender, legal

tender, legal
n.
Valid money; money that a creditor must accept as payment of a debt.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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  • legal tender — n: money that is legally valid for the payment of debts and that must be accepted for that purpose when offered Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. legal tender …   Law dictionary

  • legal tender — ˌlegal ˈtender noun [uncountable] FINANCE coins and bank notes that are officially allowed to be used as money in a particular place: • These notes are no longer legal tender. * * * legal tender UK US noun [U] MONEY ► coins or bank notes that are …   Financial and business terms

  • legal — le·gal / lē gəl/ adj [Latin legalis, from leg lex law] 1: of or relating to law or the processes of law a legal question take legal action 2 a: deriving authority from or founded on law a legal tariff rate a legal government …   Law dictionary

  • legal tender — noun something that can be used as an official medium of payment • Syn: ↑tender, ↑stamp • Hypernyms: ↑medium of exchange, ↑monetary system • Hyponyms: ↑food stamp * * * noun [noncount] …   Useful english dictionary

  • tender — ten·der 1 n 1 a: an act or instance of tendering b: an unconditional offer of payment or performance (as in discharge of an obligation) that is coupled with a manifestation of willingness and ability to follow through (as by producing a check) c …   Law dictionary

  • Legal tender — Tender Ten der, n. 1. (Law) An offer, either of money to pay a debt, or of service to be performed, in order to save a penalty or forfeiture, which would be incurred by nonpayment or nonperformance; as, the tender of rent due, or of the amount of …   The Collaborative International Dictionary of English

  • Tender — Ten der, n. 1. (Law) An offer, either of money to pay a debt, or of service to be performed, in order to save a penalty or forfeiture, which would be incurred by nonpayment or nonperformance; as, the tender of rent due, or of the amount of a note …   The Collaborative International Dictionary of English

  • Tender of issue — Tender Ten der, n. 1. (Law) An offer, either of money to pay a debt, or of service to be performed, in order to save a penalty or forfeiture, which would be incurred by nonpayment or nonperformance; as, the tender of rent due, or of the amount of …   The Collaborative International Dictionary of English

  • tender offer — n: a public offer to purchase a specified number or range of shares from shareholders usu. at a premium and in an attempt to gain control of the issuing company Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. tender offer …   Law dictionary

  • tender — tender1 [ten′dər] adj. [ME tendre < OFr < L tener, soft, delicate, tender, prob. altered (infl. by tenuis,THIN) < Sabine terenum, soft, akin to Gr terēn, tender < IE * ter , tender, weak, orig., rubbed, worn down < base * ter , to… …   English World dictionary

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