specie
1
9.9
- noun
- /ˈspɛʃi/
- Specialized
:
moneda metálica
- He prefers to pay for his groceries in specie rather than using a credit card.
- sub specie
Examples
-
They bore no interest and could be redeemed for specie on demand.
-
This is their bartering specie.
-
My store of hard specie is growing smaller by the day.
Fiction book (1994) -
Some sort of limited specie standard would certainly be better than what we have now.
Blog text (4) -
I take nothing but specie, she said.
Fiction book (1997) -
There is only direct specie transaction for goods and services.
Blog text (24) -
It was available in three forms, both in specie, in other words, gold and silver, in paper, as warehouse receipts and in digital form.
-
The only escape is to convert all banknotes to their residual real value expression in specie to 'reset the game.'
Blog text (19) -
Certainly, inflation, disinflation, and jolting business cycles were well known when the world ran on specie.
Blog text (8) -
In specie-only currency systems, there is absolutely no way to have fractional reserve lending.
Blog text (24)
Synonyms
2
4.7
Coins produced by a government for use as money
Coins used to pay instead of paper notes
Antonyms
Surface Forms
Etymology
Specie comes from the Latin phrase in specie, which means 'in its real form'. It shares the same 'spec' root as words like species and specimen, which are about a form or the real thing, and that's why paying in specie means giving real, physical coins rather than paper money or credit.