Definitions from Black's Law Dictionary: 2nd Edition and Ballentine's Law Dictionary as are available for each term in each dictionary.
  • Ballentine's Law Dictionary

    Paper money or notes which are current in the community as dollars. 12 Wall. (U. S.) 687, 20 L. Ed. 460.

  • Black's Law Dictionary: 2nd Edition

    Coined money and such bank-notes or other paper money as are authorized by law and do in fact circulate from hand to hand as the medium of exchange. Griswold v. Hepburn, 2 Duv. (Ky.) 33; Leonard v. State, 115 Ala. 80, 22 South. 564; Insurance Co. v. Keiron, 27 III. 505; Insurance Co. v. Kupfer, 28 III. 332, 81 Am. Dec. 284; Lackey v. Miller, 61 N. C 26.