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Legal tender

society Maturity 11-13

Money is used to pay for things.

Detail of a Series 1950 $10 FRN, showing legal tender phrase.jpg
Detail of a Series 1950 $10 FRN, showing legal tender phrase.jpg
Some money is called legal tender. This means it must be used to pay debts. You might use coins or bills. New money can replace old money. Do you have any coins?
RBI 5-rupee note, overprinted Government of Pakistan, 1947.jpg
RBI 5-rupee note, overprinted Government of Pakistan, 1947.jpg

58 words
🖼️ Images & Media (2)
File:Detail of a Series 1950 $10 FRN, showing legal tender phrase.jpg
Detail of a Series 1950 $10 FRN, showing...
File:RBI 5-rupee note, overprinted Government of Pakistan, 1947.jpg
RBI 5-rupee note, overprinted Government...
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📚 Content adapted from Wikipedia | Readability: FK 12.9 | Vital Level 5