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Legal Tender Money Meaning In Bengali
Legal Tender Money শব্দের বাংলা অর্থ কি: বিহিত অর্থ
Legal Tender Money
Definition
1) Legal tender money refers to currency that must be accepted as a means of payment for goods, services, and debts within a country's jurisdiction.
2) It is the official medium of payment recognized by a government to settle financial obligations and is deemed acceptable for transactions by law.
3) Legal tender money is often in the form of printed banknotes and coins issued by the government's central bank, and it holds value as a medium of exchange in the economy.
Examples
Legal Tender Money Example in a sentence
1) In the United States, legal tender money includes coins and bills issued by the government.
2) Legal tender money must be accepted for the payment of debts and goods.
3) The country's official currency is considered legal tender money.
4) Businesses are required to accept legal tender money as payment for goods and services.
5) The use of legal tender money helps facilitate transactions in the economy.
6) The central bank plays a crucial role in regulating legal tender money.
7) Counterfeiting legal tender money is a serious crime punishable by law.
8) Employees have the right to receive their salaries in legal tender money.
9) Some countries have specific laws that dictate the denominations of legal tender money.
10) Electronic payments are becoming increasingly popular, but legal tender money remains widely used.
Synonyms
Encyclopedia
Legal tender money refers to currency that must be accepted as a means of payment for goods, services, and debts within a country's jurisdiction.
It is the official medium of payment recognized by a government to settle financial obligations and is deemed acceptable for transactions by law.
Legal tender money is often in the form of printed banknotes and coins issued by the government's central bank, and it holds value as a medium of exchange in the economy.
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