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English definition of “token”

token

noun [C]
 
 
/ˈtəʊkən/
MONEY a round piece of metal or plastic that is used instead of money in some machines, for example, to get food or drink out of a vending machine, use a car park, etc: You'll need some tokens for the coffee machine.
MARKETING a piece of paper that is given when you buy a particular product, which can be exchanged for something when you have collected enough of them: There is a promotion on the cereal box offering a free toy for every 10 tokens you collect.
formal an action that you take or a thing that you give that is a symbol of your feelings about something, even though it may not be very big or valuable: a token of sth Please accept this gift as a token of our gratitude.
→ See also book token, gift token
(Definition of token noun from the Cambridge Business English Dictionary © Cambridge University Press)
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