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Thesaurus: silver certificate
formerly a bank note issued by the United States Treasury and redeemable in silver
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Definitions
- n. formerly a bank note issued by the United States Treasury and redeemable in silver
- A certificate issued by a government that there has been deposited with it silver to a specified amount, payable to the bearer on demand. In the United States and its possessions, it is issued against the deposit of silver coin, and is not legal tender, but is receivable for customs, taxes, and all public dues.
- A certificate issued by a government that there has beendeposited with it silver to a specified amount, payable to the beareron demand. In the United States and its possessions, it is issuedagainst the deposit of silver coin, and is not legal tender, but isreceivable for customs, taxes, and all public dues.