Tokens
/ˈtoʊkənz/
Definitions
- (n.) Units or objects representing a right, privilege, or asset, often in digital or legal contexts.
The company issued tokens to signify shareholders' rights.
- (n.) Symbols or items used to indicate authority, identity, or entitlement in legal procedures or security.
The visitor was given tokens to access the secure area.
Related terms
See also
Commentary
In legal drafting, distinguish tokens as digital rights from mere physical symbols to avoid ambiguity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.