One of the mysteries of the English language finally explained.
Money in the form of coins rather than notes.
cash, hard cash, ready moneyView synonyms
- ‘The Chinese would accept only specie, usually silver, in payment.’
- ‘It was the habit of using paper money that was driving the nation's specie abroad.’
- ‘Just imagine if the whole world was on a gold and silver specie currency system.’
- ‘The greenbacks were legal tender notes issued at par with notes backed by specie.’
- ‘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.’
- ‘Paper notes could be exchanged for specie upon the bearer's demand.’
- ‘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.’
- ‘Whether the cargo imported is specie or other goods is irrelevant.’
- ‘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?’
- ‘The money supply was composed of bank notes and deposits, convertible into specie, and gold and silver coin.’
- ‘If the bank required specie reserves, the notes acquired initially could have been called at expiration and not renewed.’
- ‘Prices fell, imports slowed, exports boomed, and specie flowed into the country.’
- ‘Shortages of specie stifled economic growth by restricting the money supply.’
- ‘Swiss cooperation had become essential as other neutrals responded to Allied pressure and refused to exchange war materials for specie.’
In the real, precise, or actual form specified.‘the plaintiff could not be sure of recovering his goods in specie’
- ‘My question was directed to a situation in which what was recovered was property in specie.’
- ‘If it is lost in specie, there can be no equitable tracing of the money.’
- ‘the court will order the defendant to transfer it in specie to the plaintiff.’
- ‘He could not have pursued a claim in specie.’
- ‘There was a power to distribute in specie contained in the will.’
Mid 16th century: from Latin, ablative of species ‘form, kind’, in the phrase in specie ‘in the actual form’.
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