What is CURRENT FUNDS?

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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Related Legal Terms
CURRENT, CURRENT YIELD, CURRENT ACCOUNT, CURRENT MONEY, CURRENT PRICE, CURRENT VALUE, CURRENT EXPENSES, CURRENT ASSETS, NON-CURRENT ASSET, CURRENT LIABILITY


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