specie

noun

Meaning

Money in the form of gold or silver coins rather than paper currency or digital credit.

Examples

The contract stipulated that all debts must be settled in specie rather than bank notes.
During the financial crisis, citizens rushed to the bank to exchange their paper holdings for hard specie.

Synonyms: coin, cash, bullion, hard currency

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specie

noun

Pronunciation: /ˈspiːʃi/

Definition

Money in the form of gold or silver coins rather than paper currency or digital credit.

Examples

The contract stipulated that all debts must be settled in specie rather than bank notes.
During the financial crisis, citizens rushed to the bank to exchange their paper holdings for hard specie.
The government struggled to maintain enough specie in the treasury to back the circulating paper currency.

Synonyms of specie

Words with a similar meaning to specie:

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