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medium of exchange vs legal tender

legal tender vs medium of exchange

medium of exchange and legal tender both are nouns.

Word NounAdjectiveVerbAdverb
medium of exchange Yes No No No
legal tender Yes No No No
As nouns, legal tender is a hyponym of medium of exchange; that is, legal tender is a word with a more specific, narrower meaning than medium of exchange:
  • medium of exchange: anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
  • legal tender: something that can be used as an official medium of payment
Other hyponyms of medium of exchange include stamp, tender, money, currency.
medium of exchange (noun) legal tender (noun)
anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region something that can be used as an official medium of payment
Difference between medium of exchange and legal tender

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