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LSDefine

Simple English definitions for legal terms

national currency

Read a random definition: in gremio legis

A quick definition of national currency:

A national currency is the money that a country uses as a medium of exchange. It can be in the form of coins, banknotes, or government notes. It is approved by the government and is used within the country as legal tender. Some currencies are backed by reserves such as gold and silver, while others are not and can fluctuate in value. Fractional currency is paper money worth less than one dollar, while hard currency is backed by reserves. Blocked currency can only be used within the country where it is located.

A more thorough explanation:

Definition: National currency is a type of currency that is approved by a national government and used as a medium of exchange within that country. It can be in the form of coins, government notes, or banknotes.

These examples illustrate national currencies because they are all approved by their respective national governments and are used as a medium of exchange within their countries. For example, the United States currency is approved by the federal government and is used to buy goods and services within the United States.

National currencies are also considered legal tender, which means they are recognized by law as a valid form of payment for debts and taxes. This makes them an important part of a country's economy and financial system.

National Credit Union Administration | National Daily Quotation Service

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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