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Candidguy Posted 15 years ago
Vocabulary
Difference b/w specie and species
Can anyone please tell me the difference between Specie and species and explain the both in sentence ?
Top answer
Specie is money, usually in the form of gold, silver or other recognized valuable material. It is also used (with repect to payments), to mean the same form as the original debt. (eg if the original loan was given in US dollars, the "in specie" payment would be US dollars).
- Specie is money, usually in the form of gold, silver or other recognized valuable material.
- It is also used (with repect to payments), to mean the same form as the original debt.
- (eg if the original loan was given in US dollars, the "in specie" payment would be US dollars).
- Specie is formal and is used in legal documents, not in casual conversation.
- International debts between banks were required to be paid in specie before secure and guaranteed electronic exchanges were established.
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1 Answers
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Specie is money, usually in the form of gold, silver or other recognized valuable material. It is also used (with repect to payments), to mean the same form as the original debt. (eg if the original loan was given in US dollars, the "in specie" payment would be US dollars). Specie is formal and is used in legal documents, not in casual conversation.
International debts betw
International debts betw
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