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legal tender vs monetary system

monetary system vs legal tender

legal tender and monetary system both are nouns.

Word NounAdjectiveVerbAdverb
legal tender Yes No No No
monetary system Yes No No No
As nouns, monetary system is a hypernym of legal tender; that is, monetary system is a word with a broader meaning than legal tender:
  • legal tender: something that can be used as an official medium of payment
  • monetary system: 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 medium of exchange.
legal tender (noun) monetary system (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 monetary system

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