Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

current money

Read a random definition: coupon interest rate

A quick definition of current money:

Current money refers to the type of money that is used in a country, like coins and bills. It can also mean assets that can be easily turned into cash, like money in a bank account. Sometimes, people use the term "money" to refer to funds or sums of money. There are different types of money, like digital money that can be used online, or paper money that is backed by a government's credit. Lawful money is money that is accepted as payment for debts, while hard money refers to coins and cash. Real money can be money that has intrinsic value, like gold or silver, or just the cash that you have in your pocket right now.

A more thorough explanation:

Definition: Current money refers to the currency that is currently in circulation within a country and is authorized by the government as a medium of exchange. It can also refer to assets that can be easily converted to cash or capital that is traded as a commodity.

  • Coins and paper bills are examples of current money that are authorized by the government as a medium of exchange.
  • Demand deposits, which can be easily converted to cash, are also considered current money.
  • The money market is an example of capital that is traded as a commodity.
  • Investment moneys refer to funds or sums of money that are available for investment purposes.

These examples illustrate how current money can take different forms, but they all serve as a means of exchange for goods and services within a country's economy.

current market value | current obligation

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
LSD+ is ad-free, with DMs, discounts, case briefs & more.