|
|
|
|
|
|
by JumpCrisscross
818 days ago
|
|
|
> Legal tender law is the legal fiat that gives a coin its ‘nominal’ value distinct from its commodity value No. Legal tender makes something required to be accepted at face value for extinguishing debts. Nominal value is a broader concept. Treasuries, for instance, have a nominal value without being legal tender. |
|
|