BNET Business Dictionary
Business Definition for: Legal Tender
- paper money and coins that have to be accepted within a given jurisdiction when offered as payment of a debt.
- See also Limited Legal Tender
Wiktionary Definition for: Legal Tender
- law : Any form of currency that by law can not be refused as payment for an amount equal to that denoted on the face of the currency.
Additional Resources
- Philippine pesos with misspelled president's name still legal tender
- MANILA AFP — Don't be alarmed if you receive Philippine pesos with President Gloria Arroyo's name misspelled -- they are still legal tender despite the blunder, the central bank insisted. A batch of 100-peso (1.84 dollar) bills with "Arroyo" misspelled were accidentally put in circulation but the central bank...
- Research articles 2005-11-21
- Sudan to revert to pound as legal tender
- KHARTOUM AFP — Sudan said it will revert to using the pound as legal tender, abandoning the dinar that the government adopted in an effort to put an Islamic face on the currency in the mid-1990s. Central Bank governor Sabir Mohamed al-Hassan made the announcement after a joint committee...
- Research articles 2005-02-19
- Legal tender. (Fast Forward).(copyright law and cases)
- When people can once again stand to look back on 2001, the horrific events of Sept. 11 notwithstanding, it's likely to be remembered as one of the most significant years in the legal and technological development of the media industry, including the video business. ...
- Research articles 2002-01-07
- County must accept coins
- Officials of Sanpete County must accept Grant Petersen's payment of his fine in U.S. cents (sorry, the U.S. mint doesn't make pennies; try oldie England). That's according to U.S. Code 5112 h and 5103- 31-IV-5. United States coins and currency (including Federal Reserve notes and circulating notes of...
- Research articles 2004-12-10
- CANTV Appoints Financial And Legal Advisors.
- CARACAS, VENEZUELA and NEW YORK, NEW YORK, SEPTEMBER 19, 2001 Compania Anonima Nacional Telefonos de Venezuela (Caracas: TDV; NYSE: VNT) announced today that it has retained Goldman, Sachs & Co. as financial advisor and Milbank, Tweed, Hadley & McCloy LLP as legal counsel in...
- Research articles 2001-09-19
- Whitehall Jewellers' Board of Directors Recommends Stockholders Reject Newcastle Partners Tender Offer
- CHICAGO -- Whitehall Jewellers, Inc. (OTC:JWLR.PK)(the "Company") announced Friday that after reviewing the unsolicited tender offer by Newcastle Partners, L.P. ("Newcastle") with its financial and legal advisors, the Board of Directors has unanimously recommended that stockholders reject the Offer in its current form and not tender shares of Company common...
- Research articles 2005-12-20
- Navigant Consulting Announces Preliminary Results of Its Modified "Dutch Auction" Tender Offer
- CHICAGO -- Navigant Consulting, Inc. (NYSE:NCI), a global consulting firm providing dispute, investigative, operational, risk management and financial advisory solutions to legal counsel, government agencies and companies experiencing regulatory or structural challenges, today announced the preliminary results of its modified "Dutch Auction" tender offer, which expired at 5:00 p.m., ET,...
- Research articles 2007-06-08
- Westminster Capital, Inc. Has Been Notified of a Lawsuit Filed as a Result of Its Tender Offer
- Business Editors & Legal Writers BEVERLY HILLS, Calif.--BUSINESS WIRE--April 22, 2002 Westminster Capital, Inc. (AMEX:WI) was notified today that a complaint was filed against it and each member of the Company's Board of Directors in the Delaware Court of Chancery for New Castle County, by a stockholder of...
- Research articles 2002-04-22
- TENDER LAUNCHES FOR SOFTWARE FOR THE EUROPEAN PATENT ORGANISATION.
- The European Patent Organisation EPO is inviting tenders to develop software for its INPADOC/PRS software conversion project, involving the conversion of mainframe applications to an MVS/UNIX environment.The contract is divided into lots:- Lot 1: MVS legal status data management;- - Lot 2: AIX legal status electronic...
- Research articles 2000-07-27
- WORLD BANK PROCUREMENT - SRI LANKA, LEGAL CONSULTANT.
- *** Asia Pulse Tender *** *** Asia Pulse Tender ***
- Research articles 2002-09-23
- WORLD BANK PROCUREMENT - BANGLADESH, LEGAL CAPACITY BUILDING.
- *** Asia Pulse Tender*** *** Asia Pulse Tender***
- Research articles 2003-04-17
- WORLD BANK PROCUREMENT - CAMBODIA, LEGAL AND JUDICIAL REFORM.
- *** Asia Pulse Tender *** *** Asia Pulse Tender ***
- Research articles 2003-06-30
- Maxwell Shoe Company Advises Stockholders to Take No Action at This Time in Response to Jones Apparel Group's Revised Tender Offer
- Business Editors HYDE PARK, Mass.--BUSINESS WIRE--May 26, 2004 Maxwell Shoe Company Inc. (NASDAQ:MAXS) advised its stockholders to take no action at this time in response to Jones Apparel Group, Inc.'s (NYSE:JNY) announcement that it has revised the terms of its unsolicited tender offer for all the outstanding shares...
- Research articles 2004-05-26
- TV rights challenge in India withdrawn as board cancels tender
- NEW DELHI AFP — The television rights wrangle in Indian cricket took a dramatic turn when the sport's administrators decided to cancel the original tender prompting ESPN-Star Sports to withdraw its case. ESPN-Star had challenged the award of broadcasting rights for all international cricket played in the country for...
- Research articles 2004-09-21
- Ladbroke to participate in casino tender. (Ladbroke Group PLC, Israel's first gambling casino)
- U.K.-based Ladbroke, and Sheldon Edelson have announced their intention to take part in the tender for the establishment of the country's first legal casino. The managing director of the Hilton Hotel group in Israel, Oded Lipschitz, said that the heads of Ladbroke's betting division, ...
- Research articles 1996-01-15
- ElkCorp Board Recommends Rejection of BMCA Tender Offer
- In Negotiations With BMCA Regarding Potential Acquisition of ElkCorp DALLAS -- ElkCorp (NYSE: ELK), a manufacturer of premium roofing and building products, today announced that its Board of Directors, on the recommendation of its Special Committee of independent, non-management directors and with the assistance of its legal and financial...
- Research articles 2007-01-08
- Circon Corp.'s board urges stockholders to defer decision on tender offer
- SANTA BARBARA, Calif.--BUSINESS WIRE--Aug. 5, 1996--Richard A. Auhll, chairman and president of Circon Corp. (NASDAQ/NMS:CCON), Monday announced that Circon's board of directors is currently conferring with its financial and legal advisers with respect to the unsolicited tender offer by U.S. Surgical Corp.Circon will respond to the offer in due course...
- Research articles 1996-08-05
- Prospective bidders have doubts on tender for oil areas.
- Ecuador, Nov 3, 2003 (El Comercio/SABI via COMTEX) Repsol YPF, Petrobras, Occidental, Perenco, AEC, and Agip commented on several legal and technical issues involved in the tender issued by the Ecuadorian government to seek partners to sign a 20 years contract to the development...
- Research articles 2003-11-04
- Navigant Consulting Commences Modified "Dutch Auction" Tender Offer to Purchase up to 10.5 Million Shares at a Price Range of $19.50 to $22.50 Per Share
- CHICAGO -- Navigant Consulting, Inc. (NYSE:NCI), a global consulting firm providing dispute, investigative, operational, risk management and financial advisory solutions to legal counsel, government agencies and companies experiencing regulatory or structural challenges, today announced that it is commencing a modified "Dutch Auction" tender offer to purchase up to 10.5 million...
- Research articles 2007-05-09
- Navigant Consulting Announces Final Results of Its Modified "Dutch Auction" Tender Offer
- CHICAGO -- Navigant Consulting, Inc. (NYSE:NCI), a global consulting firm providing dispute, investigative, operational, risk management and financial advisory solutions to legal counsel, government agencies and companies experiencing regulatory or structural challenges, today announced the final results of its modified "Dutch Auction" tender offer, which expired at 5:00 p.m. Eastern...
- Research articles 2007-06-13
