Money that is usable within the country. For example: The Yen is not legal tender within the United States, but it is within Japan. Hope this helps :)

This is a fancy word for "money." It is something that has value and can be exchanged for goods and services, but is also specifically backed by the government.

Legal tender means the national currency of every country e.g. coins and bank notes that must be accepted as form of payment to a debt.

Officially recognized as money that can be used in transactions.