DOLLAR

7 definitions found across Law Mind sources

DOLLARAuthored
The Law Mind • 1007 words
Definition
The dollar is the basic monetary unit of the United States, equal to one hundred cents. In legal contexts, "dollar" functions as the standard unit of account for expressing monetary obligations, damages, judgments, contract prices, fines, and statutory thresholds. When a legal instrument, statute, or court order denominates an amount in dollars without further specification, the reference is to the lawful currency of the United States at the time the obligation is measured or enforced. The dollar has existed in both gold and silver coinage forms. Its legal character has shifted substantially over time — from a commodity-backed unit defined by specific weights of precious metal, to a fiat currency backed by the full faith and credit of the federal government. This shift has legal significance in contract interpretation and in disputes arising from long-term obligations straddling monetary regime changes.
Common Language
Modern common usage (Wiktionary): Wiktionary's primary definitions for "dollar" as a place name or surname reflect edge cases with no legal relevance. Its core common usage — a unit of currency — aligns with the legal definition at the surface level. Historical common usage (Webster's 1913): "A silver coin of the United States containing 371.25 grains of silver and 41.25 grains of alloy... A gold coin of the United States containing 23.22 grains of gold and 2.58 grains of alloy... It is no longer coined." The gap between common and legal meaning is temporal rather than conceptual. Ordinary speakers understand a dollar as a unit of currency without reference to any metallic content. Legal and historical sources, however, defined the dollar with precision by weight and composition — a definition that carried real consequences in gold clause litigation and monetary reform disputes. A researcher reading nineteenth-century contracts or statutes denominated in "dollars" must understand that the word then carried a specific commodity meaning that it no longer carries today.
Common Confusion
Do not conflate the dollar as a unit of account with legal tender rules. Not every instrument denominated in dollars is automatically enforceable as legal tender in every transaction; legal tender law governs what a creditor must accept in satisfaction of a debt, which is a separate (and jurisdiction-sensitive) question from how an obligation is expressed. Similarly, "dollar" in international legal instruments may require clarification — "dollar" without qualification is sometimes read as U.S. dollar, but foreign instruments may intend Canadian, Australian, or other dollar-denominated currencies. Ambiguity on this point has generated contract disputes and should be flagged in any cross-border document review.
Why It Matters in Research
The practical research issue with "dollar" is not definition — it is monetary equivalence across time. Legal instruments from the nineteenth and early twentieth centuries that specify dollar amounts reflect a gold or silver standard that no longer applies. Courts interpreting such instruments have had to address whether obligations survive monetary regime changes and at what rate. The Gold Clause Cases of the 1930s (arising from congressional abrogation of gold clauses in private contracts) are the defining episode; researchers working with contracts or bonds from that era must understand the monetary context to interpret the legal landscape accurately. For corpus researchers, the term "dollar" appears throughout statutory materials as a definitional anchor — minimum thresholds for diversity jurisdiction, penalty maximums, damages caps, and fee schedules all express values in dollars. These figures do not automatically adjust for inflation; a statutory dollar threshold written in 1890 means something very different in purchasing power terms than the same number written today. When tracking a statutory scheme across time, researchers should note when dollar figures were last amended and whether inflation-adjustment mechanisms exist. The Anderson's Dictionary of Law entry reproduced in the source material is plainly a scanning or compilation error — it defines something resembling "document," not "dollar." Researchers relying on that source for this term should disregard the Anderson entry entirely and treat it as a digitization artifact.
Historical Dictionary Support
Black's Law Dictionary (1st and 2nd editions) are in agreement: the dollar is the unit used in the United States for calculating money values, coinable in both gold and silver, equal to one hundred cents. This definition is terse but accurate for its era. Both editions reflect a bimetallic understanding of the dollar consistent with late nineteenth-century monetary law. What historical dictionaries miss is the transformation. By anchoring the definition in coinage — gold and silver — they describe a dollar that, as a legal matter, no longer exists in that form. The abandonment of the gold standard (domestic gold convertibility ended in 1933; international convertibility ended in 1971) fundamentally changed the dollar's legal character. No edition of Black's written before those events captures the fiat nature of the modern dollar. Researchers using historical dictionaries to interpret modern monetary obligations should treat the coinage-based definitions as period-accurate rather than universally applicable. Webster's 1913 confirms the weight specifications for both gold and silver dollars and notes that the gold dollar "is no longer coined" — an early signal of the monetary transitions to come.
Jurisdictional Note
The dollar as a monetary unit is defined and governed at the federal level. State law governs many of the transactions denominated in dollars (contracts, torts, property), but the currency itself is exclusively a federal matter. Foreign jurisdictions using "dollar" as a currency name — Canada, Australia, New Zealand, among others — present potential ambiguity in cross-border instruments; domestic legal research should not assume U.S. dollar unless the instrument specifies or context is clear.
Encyclopedia Cross-Reference
See Law Mind Encyclopedia — Currency and Legal Tender See Law Mind Encyclopedia — Gold Clause and Monetary Obligations See Law Mind Encyclopedia — Federal Jurisdiction Thresholds (for dollar amounts in jurisdictional rules)
Related Terms
Legal tender — Cent — Gold clause — Monetary obligation — Damages — Judgment (monetary) — Diversity jurisdiction threshold — Fiat currency — Bimetallism — Currency (legal definition)
DOLLARmain
Black's Law Dictionary • 1891
The unit employed in the United States in calculating money values. It is coined both in gold and silver, and is of the value of one hundred cents.
DOLLARmain
Anderson's Dictionary of Law • 1890
instrument or record made or kept in the pearance of parties at a time when furnishlegislative or executive departments of gov-ing security for the prosecution of a suit by ernment, and evidence of public business therein. Private document. An instrument affecting the concerns of one or more individuals. Public document. An instrument or record concerning the business of the people at large, preserved in or emanating from any department of government; also, a publication printed or issued by order of one or both houses of Congress or of a State legislature. Public documents include state papers, maps, charts, and like formal instruments, made under public auspices. A copy of such document, issued by public authority, is as valid as the original; as, an officially published statute. The term also embraces official records required to be kept by statute. 1 A public statute proves its own recitals; not so, a private statute. Journals of legislatures and executive documents are prima facie evidence of the facts they recite. 2 Official registers, kept as required by law, are evidence of the facts they record. They must be identified, be complete, indicate accuracy, and not be secondary. Parish records of births, baptisms, marriages, and deaths are receivable as evidence when made by the persons whose duty it was to note such facts.* Family records prove family events. A relative instrument is inadmissible without its correlative. Admission of a part involves the whole document. All the usual incidents accompany the document.5 A document is to be proved by him who offers it; otherwise, when produced in pursuance of notice, or by an adverse party who relies on the writing as part of his title. A document sued upon must be proved when its execution has been denied." In matters of execution the law of the place where the instrument is to have effect governs. A writing void as a contract may be valid as an admission. The identity of a signer is to be proved. An agent's power to execute must first be shown.' See ALTERATION, 2; BOOK; COPY; EVIDENCE; HANDWRITING; INSPECTION, 2; INSTRUMENT, 2, 3; LOST, 2; NEWSPAPER; RECORD; SEAL, 1; STAMP; WRITING. DOE; ROE. "John Doe" and "Richard Roe" were fictitious persons used as standing pledges (common bail, q. v.) for the ap1 See McCall v. United States, 1 Dak. 321-28 (1876), cases; 1 Sup. R. S. pp. 154, 288. 21 Whart. Ev. §§ 635-38; Whiton v. Albany, &c. Ins. Co., 109 Mass. 30 (1871), cases. 31 Whart. Ev. §§ 639-48; 1 Greenl. Ev. §§ 493, 484, 496. 41 Whart. Ev. §§ 649-59; 1 Greenl. Ev. § 493. 1 Whart. Ev. §§ 618-20, 642. 1 Whart. Ev. §§ 689-91, 736. 1 Whart. Ev. §§ 700-2, 739 a. the plaintiff, and for attendance by the defendant, had become matters of form.1 The names may have been first used for the fictitious plaintiff and defendant in the old action of ejectment. See STRAW. Where defendants, whose real names were not known to the plaintiff, were described as "John Doe and Richard Roe, owners" of a particular vessel, and the true owners voluntarily appeared and filed answers, it was held that the plaintiff need not prove the ownership of the vessel.3 The unit of our currency; money, or its equivalent.6 A silver coin weighing four hundred and twelve and one-half grains, or a gold coin weighing twenty-five and four-fifths grains, of nine-tenths pure to one-tenth alloy of each metal.7 The coined dollar of the United States; a certain quantity and fineness of gold or sil. ver, authenticated as such by the stamp of the government. See further COIN. A contract to pay in "dollars" means in lawful money of the United States, and cannot be explained by parol; otherwise, of a contract made in another country, or in the late Confederate States, in which last case the reference may be to "Confederate dollars." "Dollars" will be supplied where the context shows that word omitted.10 13 Bl. Com. 274, 287, 295. 23 Steph. Com. 618. 3 Baxter v. Doe, 142 Mass. 562 (1886); Pub. St. c. 161, § 20. State v. City of Topeka, 36 Kan. 84 (1886), cases. See generally 20 Alb. Law J. 6-10 (1879), cases. State v. Yates, C. P. of Fayette Co., Ohio: 37 Alb. Law J. 232 (1888); ib. 348-50, cases. • United States v. Auken, 96 U. S. 368 (1878). 7 Borie v. Trott, 5 Phila. 366, 404 (1864), Hare, J. 8 Bank of New York v. Supervisors, 7 Wall. 30 (1868), Chase, C. J. • Thornington v. Smith, 8 Wall. 12 (1868), Chase, C. J.; Cook v. Lillo, 103 U. S. 792 (1880); 35 III. 396, 440; 39 N. Y. 98; 1 W. N. C. 223; 33 Tex. 351. 10 Hines v. Chambers, 29 Minn. 11 (1884); Hunt v. Smith, 9 Kan. 153 (1872).
DOLLARmain
Black's Law Dictionary (2nd Ed.) • 1910
The unit employed in the United States in calculating money values. It is coined both in gold ‘and silver, and is of the value of one hundred cents.
DOLLARn.
Websters Unabridged Dictionary (1913) • 1913
A silver coin of the United States containing 371.25 grains of silver and 41.25 grains of alloy, that is, having a total weight of 412.5 grains. A gold coin of the United States containing 23.22 grains of gold and 2.58 grains of alloy, that is, having a total weight of 25.8 grains, nine-tenths fine. It is no longer coined. A coin of the same general weight and value, though differing slightly in different countries, current in Mexico, Canada, parts of South America, also in Spain, and several other European countries. The value of a dollar; the unit commonly employed in the United States in reckoning money values. Chop dollar. See under 9th Chop. -- Dollar fish (Zoöl.), a fish of the United States coast (Stromateus triacanthus), having a flat, roundish form and a bright silvery luster; -- called also butterfish, and Lafayette. See Butterfish. -- Trade dollar, a silver coin formerly made at the United States mint, intended for export, and not legal tender at home. It contained 378 grains of silver and 42 grains of alloy.
Dollarname
Wiktionary (English) • 2026
Wiktionary contributorsCC BY-SA 4.0 • via Kaikki
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A small town in Clackmannanshire council area, Scotland (OS grid ref NS9698) | An unincorporated community in Coosa County, Alabama, United States. | A former community in Ontario, Canada, now part of the city of Markham. | A locality in South Gippsland Shire, south eastern Victoria, Australia. | A surname.
dollarnoun
Wiktionary (English) • 2026
Wiktionary contributorsCC BY-SA 4.0 • via Kaikki
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Official designation for currency in some parts of the world, including Canada, the United States, Australia, New Zealand, Singapore, Hong Kong, and elsewhere. Its symbol is $. | Money generally. | A ringgit, a unit of currency in Malaysia. | A quarter of a pound or one crown, historically minted as a coin of approximately the same size and composition as a then-contemporary dollar coin of the United States, and worth slightly more. | Imported from the United States, and paid for in U.S. dollars. (Note: distinguish "dollar wheat", North American farmers' slogan, meaning a market price of one dollar per bushel.) | A unit of reactivity equal to the interval between delayed criticality and prompt criticality.

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