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Current Money

The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The Cyclopedic Law Dictionary

Lawful money; whatever passes current for money, whether coin or paper money.

27 111. 501; 9 Mo. 701; 8 Minn. 329.

In commercial use, "currency" is confined to paper money, as distinguished from "specie" or coin money.

14 Mich. 379; 12 Wall. (U. S.) 657.

CURRIT QUATUOR PEDIBUS (Law Lat. it runs upon four feet; or, as sometimes expressed, it runs upon all fours). A phrase used in arguments to signify the entire and exact application of a case quoted. "It does not follow that they run quatuor pedibus."

1 W. Bl. 145.

CURRIT TEMPUS CONTRA DESIDES et sui juris contemptores. Time runs against the slothful and those who neglect their rights. Bracton, fols.

100b, 101; Fleta, lib. 4, c. 5, § 12.