Definition of specie in US English:

noun

• Money in the form of coins rather than notes.

  Example sentences

  • ‘The Revolutionary Leaders in France dealt in gold and silver specie.’
  • ‘The specie regime, more or less, dominated until 1971.’
  • ‘The money supply was composed of bank notes and deposits, convertible into specie, and gold and silver coin.’
  • ‘Paper notes could be exchanged for specie upon the bearer's demand.’
  • ‘Specie was pouring into the country from the Havana trade.’
  • ‘The French crown was forced to pay for its Canadian expenditures by borrowing or taxing in France and shipping specie to the New World.’
  • ‘The greenbacks were legal tender notes issued at par with notes backed by specie.’
  • ‘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.’
  • ‘Under a gold standard, would the price level be indeterminate in a completely closed economy, where specie could not flow?’
  • ‘If the bank required specie reserves, the notes acquired initially could have been called at expiration and not renewed.’
  • ‘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.’
  • ‘Swiss cooperation had become essential as other neutrals responded to Allied pressure and refused to exchange war materials for specie.’
  • ‘Whether the cargo imported is specie or other goods is irrelevant.’
  • ‘Prices fell, imports slowed, exports boomed, and specie flowed into the country.’
  • ‘It was the habit of using paper money that was driving the nation's specie abroad.’

  Synonyms

  cash, hard cash, ready money

  View synonyms