The money which passes, at a fixed value, from hand to hand; money which is authorized by law. 2. By art. 1, s. 8, the Constitution of the United States authorizes congress to coin money, and to regulate the value thereof. Changes in the currency ought not to be made but for the most urgent reason, as they unsettle commerce, both at home and abroad. Suppose Peter contracts to … [Read more...]
CURRENCY
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.