Token money is money made from tokens of some form, as opposed to account money. Most modern coins used in circulation are token money, as are paper notes. Token money has a strong privacy feature in that it works as money without the intervention of any other party in each transaction between two parties. Privacy makes money safe from interferenc...
Found on
http://en.wikipedia.org/wiki/Token_money
[
n] - coins of regular issue whose face value is greater than their intrinsic value
Found on
http://www.webdictionary.co.uk/definition.php?query=token%20money
noun coins of regular issue whose face value is greater than their intrinsic value
Found on
https://www.encyclo.co.uk/local/20974
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