Legal Definitions - token

In a legal context, the term token can refer to several distinct concepts, often revolving around something that represents or signifies something else, or a small gesture indicating a larger intent.

• Evidence or Symbol: A physical object or mark that serves as proof or a clear indicator of a fact or event.

  • Example 1: During a criminal investigation, a unique, engraved watch found at the scene of a burglary could be considered a token. If the watch is later identified as belonging to a suspect, it serves as tangible evidence linking that individual to the crime.

    Explanation: Here, the watch acts as a physical sign or mark, providing concrete evidence (a "token") of the suspect's presence at the location.

• Indication of Intent or Good Faith: A small payment, action, or gesture made to demonstrate serious intention or commitment towards a larger future agreement or transaction.

  • Example 2: A prospective tenant pays a small, non-refundable deposit to a landlord to hold an apartment for a few days while they finalize their decision and paperwork. This initial payment is often referred to as a token deposit.

    Explanation: This small payment serves as a "token" of the tenant's serious interest and good faith, indicating their commitment to potentially rent the apartment, even before signing the full lease.

• Medium of Exchange: An item, often a coin-like piece, that represents a specific value and is used as currency, particularly within a defined system or for a particular purpose, though it can also refer to standard currency.

  • Example 3: At an amusement park, visitors might purchase special plastic coins to use for arcade games or rides. These coins are tokens.

    Explanation: In this scenario, the plastic coins are "tokens" because they function as a specific form of currency within the amusement park's system, representing monetary value for specific services.