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that which passes freely from hand to hand throughout the community in final discharge of debts and full payment for commodities, being accepted equally without reference to the character or credit of the person who offers it and without the intention...

Principles of the Economic Philosophy of Society, Government and Industry - Page 329
by Van Buren Denslow - 1888 - 782 pages
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Current Developments in Monetary and Financial Law, Vol. 3

International Monetary Fund - Business & Economics - 2005 - 1018 pages

...indicated, for something to constitute money, it must confer final discharge so as to be accepted in payment "without reference to the character or credit of the person who offers it ... ."33 Effectively, this means that to be by itself money, a payment mechanism must confer absolute...

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