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legal tender vs medium of exchange

medium of exchange vs legal tender

legal tender and medium of exchange both are nouns.

Word NounAdjectiveVerbAdverb
legal tender Yes No No No
medium of exchange Yes No No No
As nouns, medium of exchange is a hypernym of legal tender; that is, medium of exchange is a word with a broader meaning than legal tender:
  • legal tender: something that can be used as an official medium of payment
  • medium of exchange: anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
Other hypernyms of legal tender include monetary system.
legal tender (noun) medium of exchange (noun)
something that can be used as an official medium of payment anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
Difference between legal tender and medium of exchange

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