Talk:Legal tender

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." Meaning that the note was considered to be a tender by the Treasury of 1 dollar worth of physical gold.

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.

The definition given in this article here is therefore not accurate.