Definition of specie in English:



  • [mass noun] Money in the form of coins rather than notes.

    ‘the Bank of England in 1795 had held around £8 million in specie’
    • ‘The Chinese would accept only specie, usually silver, in payment.’
    • ‘While some specie was Spanish silver, a substantial amount came from the sale of Indian goods to Red Sea and Persian Gulf ports.’
    • ‘The Revolutionary Leaders in France dealt in gold and silver specie.’
    • ‘Prices fell, imports slowed, exports boomed, and specie flowed into the country.’
    • ‘If the bank required specie reserves, the notes acquired initially could have been called at expiration and not renewed.’
    • ‘Swiss cooperation had become essential as other neutrals responded to Allied pressure and refused to exchange war materials for specie.’
    • ‘The greenbacks were legal tender notes issued at par with notes backed by specie.’
    • ‘The specie regime, more or less, dominated until 1971.’
    • ‘Under a gold standard, would the price level be indeterminate in a completely closed economy, where specie could not flow?’
    • ‘Specie was pouring into the country from the Havana trade.’
    • ‘Whether the cargo imported is specie or other goods is irrelevant.’
    • ‘The money supply was composed of bank notes and deposits, convertible into specie, and gold and silver coin.’
    • ‘Shortages of specie stifled economic growth by restricting the money supply.’
    • ‘Just imagine if the whole world was on a gold and silver specie currency system.’
    • ‘It was the habit of using paper money that was driving the nation's specie abroad.’
    • ‘Paper notes could be exchanged for specie upon the bearer's demand.’
    • ‘The French crown was forced to pay for its Canadian expenditures by borrowing or taxing in France and shipping specie to the New World.’
    cash, hard cash, ready money
    View synonyms


Mid 16th century: from Latin, ablative of species form, kind, in the phrase in specie in the actual form.