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.

More On This Topic
  1. Nepotism, Cronyism, & Favoritism: Illegal Or Unethical?
  2. Is My Money in Fidelity Investments Mutual Funds Fairly Safe?
  3. 401(K) Types, Loans, Contribution Limits, & Benefits
  4. How Do I Withdraw Money from My Bank Account in Another Country?
  5. How To Copyright A Phrase
  6. How to Close a Failed Bank Resolution
  7. Why Do Mutual Funds Always Drop in Value in Late December or Early January?
  8. Outdated & Weird Laws You Can Still Be Charged With
  9. Can a Consent Judgment be Wiped Out in Bankruptcy?
  10. Which Mutual Fund Has the Highest Return with the Lowest Risk?

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


Link to This Definition
Did you find this definition of CURRENT FUNDS helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary