Mutilated Currency Law and Legal Definition
Mutilated currency means a currency that is badly damaged. The term is used by the U.S. Bureau of Engraving and Printing (BEP). Mutilated currency refers to a currency, where it is difficult to determine the value, or it is not clear that at least half of the note is present or not.
Any bank note that is dirty, or worn out, but the value is clear is not considered as a mutilated currency.