token money

• Historischer Begriff für Münzen oder Währungen, deren Nennwert über dem inneren Wert des Materials liegt, aus dem sie hergestellt sind, oft von Privatpersonen ausgegeben oder als Ersatz für offizielle Währung verwendet. In der modernen Verwendung kann er sich auch auf digitale Token beziehen, die in Online-Systemen oder Blockchain-Netzwerken verwendet werden.

A historical term referring to coins or currency that have a face value higher than the intrinsic value of the material they are made from, often issued by private entities or as a substitute for official currency. In modern usage, it can also refer to digital tokens used in online systems or blockchain networks.

1. Currency with limited intrinsic valueC1formal

   Money whose face value exceeds its intrinsic value as a commodity, typically used for small transactions or as a substitute for standard currency.

   Scheidemünze

   • Token money, like coins made from base metals, is widely used in vending machines.
   • The government issued token money for use in public transport systems.
   • Historically, token money was often used in times of coin shortage.

2. Symbolic paymentB2formal

   A small amount of money paid as a symbolic gesture rather than as full compensation.

   Symbolische Zahlung

   • The landlord accepted a token money payment as a deposit for the apartment.
   • They offered token money to secure the reservation.
   • The charity asked for token money donations from participants.