token money

1. 1.

   coins of regular issue whose face value is greater than their intrinsic value

   Broadermoney

Questions about token money

What does token money mean?

token money means "coins of regular issue whose face value is greater than their intrinsic value".

Is token money a common word?

token money is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.