Money
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
A representative of value, established by law, and made a legal tender in the payment of debts.
65 N. C. 415.
In a strict sense, gold and silver coin. Const. U. S. art.
1, §§ 8, 10. See 44 Tex. 622.
In a broader sense, the common medium of exchange in a civilized nation.
45 Tex. 309; 5 Humph. (Tenn.) 15.
The term is used to designate the whole volume of the medium of exchange, recognized by law or the custom of merchants.
34 Fed. 681.
It is generally held to include banknotes.
3 Mass. 403; 71 Ala. 544; 47 Wis. 557. But see, contra, 3- Conn. 534.
As used in wills, it has been construed as synonymous with personalty, to effect the intent of the testator. Jarm. Wills, c.
24.