token money

noun

: money of regular government issue (such as paper currency or coins) having a greater face value than intrinsic value

Word History

First Known Use

1889, in the meaning defined above

Time Traveler
The first known use of token money was in 1889

Dictionary Entries Near token money

tokenism

token money

token payment

See More Nearby Entries 

Cite this Entry

“Token money.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/token%20money. Accessed 26 Nov. 2024.

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