- 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. Amy Hackney Blackwell. 2008.
tender, legal
Look at other dictionaries:
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
