What is another word for legal tender?
Pronunciation: [lˈiːɡə͡l tˈɛndə] (IPA) 
Legal tender is a term used to describe the types of currency acceptable for payment of debts. Other synonymous terms that can be used include acceptable currency, lawful money, authorized payment, and valid payment. These terms are similar and are often used interchangeably to describe currency or coins that are recognized as legal tender in a given country or economic system. In some cases, the term "faith and credit" is also used to describe legal tender, as it implies that the currency has value because the government stands behind it and promises to accept it in exchange for goods and services. Regardless of the term used, legal tender plays an important role in modern economies, facilitating transactions and serving as a store of value.
