Payment would constitute "legal tender".

支付构成“合法货币”。

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The principal differences between a national electronic money system and commercial bank-card systems would be: The money system would be federally operated; Payment would constitute "legal tender".

全国电子货币系统同商业银行卡系统的主要区别是：货币系统由联邦经营；支付构成“合法货币”。

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In the eyes of the central bank, any meddling with maturity or anything less than the receipt of full-payment at maturity would potentially constitute a credit event putting the nation at default.

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