Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,164,413 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

specie
(redirected from Specie payment)

    Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
See: cash, currency, money

SPECIE. Metallic money issued by public authority.
     2. This term is used in contradistinction to paper money, which in some countries is emitted by the government, and is a mere engagement which represents specie. Bank paper in the United States is also called paper money. Specie is the only constitutional money in this country. See 4 Monr. 483.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Add definition
Mentioned in?  References in periodicals archive?   Legal browser?   Full browser?
 
Central banks suspended specie payments and fired up the printing presses to finance the war effort.
Roots of economic crisis: to truly understand the economic crisis now ... by Scaliger, Charles / The New American
The states with banking institutions required banks to accept Confederate currency on deposit at par as a new condition for the suspension of specie payment.
The Emancipation Proclamation, Confederate expectations, and the ... by Kanago, Bryce / Southern Economic Journal
It did threaten, however, that any future suspension would in itself constitute a forfeiture of the charter--a threat that was not carried out when the bank suspended specie payment in 1839 (Harding 1895, 17).
Mutual deposit insurance: other lessons from the record by Hartley, James E. / Independent Review
 
 
 
Legal Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.