The Law Dictionary

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CURRENT FUNDS Definition & Legal Meaning

Definition & Citations:

This phrase means gold or silver, or something equivalent thereto, and convertible at pleasure into coined money. Bull v. Bank. 123 U. S. 105, 8 Sup. Ct. 02. 31 L. Ed. 97; Lacy v. llolbrook. 4 Ala. 90; Haddock v. Woods, 40 Iowa, 433.


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