Specie
Legal definition for Indian law research
Definition
Specie, metallic money. Anything in specie is anything in its own form, not any equivalent, substitute, or reparation.
According to common parlance the word 'specie' means any metallic coin which is used as currency and if that be the true meaning, it is obvious that ornaments and other articles of gold cannot be described as 'specie', Dy. S.T. Commr. v. G.S. Pai, AIR 1980 SC 611 (613): (1980) 1 SCC 142.
According to common parlance the word 'specie' means any metallic coin which is used as currency and if that be the true meaning, it is obvious that ornaments and other articles of gold cannot be described as 'specie', Dy. S.T. Commr. v. G.S. Pai, AIR 1980 SC 611 (613): (1980) 1 SCC 142.
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.