Sil″ver cer‐tif″i‐cate. A certificate issued by a government that there has been deposited with it silver to a specified amount, payable to the bearer on demand. In the United States and its possessions, it is issued against the deposit of silver coin, and is not legal tender, but is receivable for customs, taxes, and all public dues.
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Webster's Dictionary 1913
Webster's Revised Unabridged Dictionary, C. & G. Merriam Co., 1913.