https://wiki.freecapitalists.org/api.php?action=feedcontributions&feedformat=atom&user=41.57.101.112The Austrian Economics Wiki - User contributions [en]2026-08-16T11:11:47ZUser contributionsMediaWiki 1.43.9https://wiki.freecapitalists.org/index.php?title=Talk:Legal_tender&diff=22592Talk:Legal tender2013-09-30T07:14:53Z<p>41.57.101.112: Created page with "Legal tender is a verb, not a noun. As documented in Viera's book, "Pieces of Eight", US currency notes originally said, "This note is a legal tender for 1 dollar of gold." ..."</p>
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<div>Legal tender is a verb, not a noun.<br />
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As documented in Viera's book, "Pieces of Eight", US currency notes originally said, "This note is a legal tender for 1 dollar of gold." Meaning that the note was considered to be a tender by the Treasury of 1 dollar worth of physical gold.<br />
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In the 20th century, when the Treasury started moving away from redeemable notes, they dropped the second half of the sentence and changed it to "This note is legal tender" - creating a new meaning of "tender" as a noun.<br />
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The definition given in this article here is therefore not accurate.</div>41.57.101.112