notesorcoinsfor which thevaluewritten on them isgreaterthan thevalueof thematerialsthey are made from(Definition oftoken moneyfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesoftoken money
token moneyTokenmoneywas issued accordingly, and families purchased food at a large grocery store.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.From 1816, coins generally becametokenmoney, though some large silver and gold coins remained standard coins until 1927.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The cost of production oftokenmoneyis less than its actual value.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Most modern coins used in circulation aretokenmoney, as are paper notes.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Another simulation oftokenmoneyis that of smart card money.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Tokenmoneyhas a strong privacy feature in that it works as money without the intervention of any other party in each transaction between two parties.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.But we are told the position is safeguarded because they are only to betokenmoneyexchangeable for sterling at a fixed rate.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0The hitherto full-valued silver coinage from 2 francs downwards was changed intotokenmoney(being reduced to .FromProject GutenbergHowever, astokenmoney, it is everywhere recognised as a circulating medium of trade.FromProject GutenbergThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/token-money##
