Originally Posted by
MaxVO
No, MO's are not legal tender. In this country only notes and coins issued by the Fed have that designation, and they will vigorously defend it. Seriously, it's a bad idea to misuse that term.
OK, then whatever term is appropriate for paper instruments that have value like checks. stock certificates, whatever.
One thing we all do is assume paper checks and MOs are equivalents. It would be nice to know what the financial and legal differences actually are between them.
Anyway, to bring back to thread topic, I went to WM the other day and got the MO machine down rejection. Sad day. These things seems to break so much.