token money

token money
noun money where the face value of notes or coins is unrelated to the value of the material of which they are composed.

English new terms dictionary. 2014.

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  • Token money — is Money made from tokens of some form, as opposed to Account Money. Coins are token money, as are paper notes.Token money has a strong privacy feature in that it works as money without the intervention of any other party in each transaction… …   Wikipedia

  • Token money — Token To ken (t[=o] k n), n. [OE. token, taken, AS. t[=a]cen; akin to OFries. t[=e]ken, OS. t[=e]kan, D. teeken, G. zeichen, OHG. Zeihhan, Icel. t[=a]kan, teiken, Sw. tecken, Dan. tegn, Goth. taikns sign, token, gateihan to tell, show, AS. te[… …   The Collaborative International Dictionary of English

  • token money — UK US noun [U] MONEY ► notes or coins for which the value written on them is greater than the value of the materials they are made from …   Financial and business terms

  • token money — noun coins of regular issue whose face value is greater than their intrinsic value • Hypernyms: ↑money * * * noun 1. : money (as paper currency or minor coins) of regular government issue having a greater face value than intrinsic value 2. : a… …   Useful english dictionary

  • token money — noun Date: 1889 money of regular government issue (as paper currency or coins) having a greater face value than intrinsic value …   New Collegiate Dictionary

  • token-money — A conventional medium of exchange consisting of pieces of metal, fashioned in the shape and size of coins, and circulating among private persons, by consent, at a certain value. No longer permitted or recognized as money …   Black's law dictionary

  • token-money — …   Useful english dictionary

  • Token — To ken (t[=o] k n), n. [OE. token, taken, AS. t[=a]cen; akin to OFries. t[=e]ken, OS. t[=e]kan, D. teeken, G. zeichen, OHG. Zeihhan, Icel. t[=a]kan, teiken, Sw. tecken, Dan. tegn, Goth. taikns sign, token, gateihan to tell, show, AS. te[ o]n to… …   The Collaborative International Dictionary of English

  • Token sheet — Token To ken (t[=o] k n), n. [OE. token, taken, AS. t[=a]cen; akin to OFries. t[=e]ken, OS. t[=e]kan, D. teeken, G. zeichen, OHG. Zeihhan, Icel. t[=a]kan, teiken, Sw. tecken, Dan. tegn, Goth. taikns sign, token, gateihan to tell, show, AS. te[… …   The Collaborative International Dictionary of English

  • token — n. & adj. n. 1 a thing serving as a symbol, reminder, or distinctive mark of something (as a token of affection; in token of my esteem). 2 a thing serving as evidence of authenticity or as a guarantee. 3 a voucher exchangeable for goods (often of …   Useful english dictionary

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