Fiat money is the money with no intrinsic value and its value is guaranteed by the monetary authority. Thus, Fiat money is with legal tender. People is bound to accept it.
Legal tender is everyday money.
a legal medium of payment
No. Only Australian currency is legal tender in Australia.
Money
An offer on a product is the amount of money that a person is willing to pay for a particular product. The tender is the amount of money that has actually been paid for a product.
No. Monopoly money is only legal tender in the Monopoly game.
No. Most countries accept as Legal Tender only their own currency.
Legal tender money is currency recognized by a government as valid for settling financial obligations, like taxes, debts, or purchases. It must be accepted for payment within the jurisdiction that issued it. Examples include banknotes and coins issued by a government's central bank.
A bid is making a financial offer for something or the amount of money that you will pay for something. A tender is offering a service at a specific price.
You spelled it correctly in your question. For example, our money is legal tender. It is a type of contract, if you will, between a seller and a buyer allowing that the tender represents a certain amount of value. Our money has the word "God" on it, spelled exactly as you have in your question.
Legal Tender is a forced tender payment that should be not refused in settlement of a debt. http://en.wikipedia.org/wiki/Legal_tender
No sir do not do that it can land you in jail