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Token money   /tˈoʊkən mˈəni/   Listen
noun
Token  n.  
1.
Something intended or supposed to represent or indicate another thing or an event; a sign; a symbol; as, the rainbow is a token of God's covenant established with Noah.
2.
A memorial of friendship; something by which the friendship of another person is to be kept in mind; a memento; a souvenir. "This is some token from a never friend."
3.
Something given or shown as a symbol or guarantee of authority or right; a sign of authenticity, of power, good faith, etc. "Say, by this token, I desire his company."
4.
A piece of metal intended for currency, and issued by a private party, usually bearing the name of the issuer, and redeemable in lawful money. Also, a coin issued by government, esp. when its use as lawful money is limited and its intrinsic value is much below its nominal value. Note: It is now made unlawful for private persons to issue tokens.
5.
(Med.) A livid spot upon the body, indicating, or supposed to indicate, the approach of death. (Obs.) "Like the fearful tokens of the plague, Are mere forerunners of their ends."
6.
(Print.) Ten and a half quires, or, commonly, 250 sheets, of paper printed on both sides; also, in some cases, the same number of sheets printed on one side, or half the number printed on both sides.
7.
(Ch. of Scot.) A piece of metal given beforehand to each person in the congregation who is permitted to partake of the Lord's Supper.
8.
(Mining) A bit of leather having a peculiar mark designating a particular miner. Each hewer sends one of these with each corf or tub he has hewn.
9.
(Weaving) In a Jacquard loom, a colored signal to show the weaver which shuttle to use.
Token money, money which is lawfully current for more than its real value. See Token, n., 4.
Token sheet (Print.), the last sheet of each token.






Collaborative International Dictionary of English 0.48








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"Token money" Quotes from Famous Books



... the convention were to be legal tender, but all were to be mere trade coins precisely for the same purpose as the trade dollar once so famous in the United States. The result, of course, was to make silver the standard and gold the fluctuating money or token money. The effects of this convention remained with but little change ...
— If Not Silver, What? • John W. Bookwalter



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