Top Definition
Legal tender (cash) in the form of legally minted paper bills.
n. Federal Diploma ->A single legally minted paper bill of a positive financial value such as a $1 bill, $5 bill, $100 bill, etc.
"Bob got a college diploma to get a job that will allow him to earn the federal diplomas that he will need to get a Ferrari."

"That stripper wasn't impressed by the number of inches of your junk; only the number of digits on the federal diploma you gave her."
by J. L. Franklin May 31, 2008

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