31 USC 5118 1) A person lawfully holding United States coins and currency may present the coins and

currency to the Secretary of the Treasury for exchange (dollar for dollar) for other United States coins and currency (other than gold and silver coins) that may be lawfully held. 2) A person lawfully holding United States coins and currency may present the coins and currency to the Secretary of the Treasury for exchange (dollar for dollar) for other United States coins and currency (other than gold and silver coins) that may be lawfully held. 3) A person lawfully holding United States currency may present the currency to the Secretary of the Treasury for exchange (dollar for dollar) for other United States currency that may be lawfully held.
CURRENCY currency. An item (such as a coin, government note, or banknote) that circulates as a medium of exchange. ITEM item. 1. A piece of a whole, not necessarily separated. 2.Commercial law. A negotiable instrument or a promise or order to pay money handled by a bank for collection or payment 3. In drafting, a subpart of text that is the next smaller unit than a subparagraph. In federal drafting, for example, (4) is the item in the following citation: Rule 19(a)(1)(B)(4). Also termed (in sense 3) clause. MEDIUM OF EXCHANGE medium of exchange. Anything generally accepted as payment in a transaction and recognized as a standard of value DRAFTING drafting. The practice, technique, or skill involved in preparing legal documents such as statutes, rules, regulations, contracts, and wills that set forth the rights, duties, liabilities, and entitlements of persons and legal entities. Also termed legal drafting.