Token - Definition - Law Dictionary Home Dictionary Definition token

Definition :

Token: 1, a sign of the existence of a fact; 2, private money.

1. A sign or mark; a tangible evidence of the exist-ence of a fact

2. A sign or indication of an intention to do some-thing, a who buyer places a small order with a vendor to show good faith with a view toward later placing a larger order, Black's Law Dictionary, 7th Edn.