20191227

PAPER MONEY

    27.12.19  

PAPER MONEY:

 By paper money is understood the engagements to pay money which are issued by governments and banks, and which pass as money. Pardes. Dr. Com. n. 9. Bank notes are generally considered as cash, and win answer, all the purposes of currency; but paper money is not a legal tender if objected to. See Bank note, Specie, Tender.

Assistants

About Assistants

Editors of Aboutlaw.com.

Previous
Next Post
No comments:
Write comments

Looking for something else?

======================================

Most read last year

Copyright © Aboutlaw.com Dictionary and documents.