Sentence examples similar to tender of payment from inspiring English sources

In that ruling, which was unpopular with business interests, the court held that the federal government did not have the power to make greenbacks legal tender for payment of debts contracted in gold dollars.

Article 1, Section 10 of the Constitution says no state shall coin money, though Mr. Hilton and some others argue that a phrase used later, saying no state shall "make anything but gold and silver coin a tender in payment of debts" can be read as a license for Utah's new law and, perhaps, for a state's right to mint its own coins.

The Constitution prohibits states from coining their own money and/or making anything other than gold or silver coins a tender in payment of debts.

They specified legal tender, defining the type of payment that legally discharged a debt when offered to the creditor and that could be used to pay taxes.

The bills would be "lawful money and a legal tender in the payment of all debts".

The procurement office, also known as the Budget Monitoring and Price Intelligence Unit (BMPIU) or the "Due Process" team, manages the tender process and finalizes the certificate of award and certificate of payment for the tender.

These include pre-merger price run-up; whether the bidder and target are in the same industry (industry M&A); relative deal size; whether the bidder and target are in high-tech industries; the public, private, and subsidiary status of the target; deal attitude; method of payment; and tender-offer acquisitions.

The Japanese government has also taken huge steps in the acceptance of digital currencies as legal forms of tender, with Japan legally classifying bitcoin as a form of payment just on April 1st.

"In view of the international role of the euro and the widespread trust in its banknotes, the €500 will remain legal tender and can therefore continue to be used as a means of payment and store of value".

Thus, Liberia aside, central banks can always find the means to pay their obligations, because the "means of payment"—legal tender is theirs to mint and print.The trouble is, a central bank that is forced to rely on the printing press to make ends meet risks igniting inflation.

New kinds of payment plans?