As stated above, military currency was sometimes mistaken as a voucher since it had an appearance and a circulation system as if it were usual paper money; however, legally, it was only a receipt, not a legal tender or marketable securities, and had to be encashed by the government of the military force.
以上のように、軍票は通貨のような体裁と流通形態をしていて、商品券のような物と誤解される場合があるが、法律上の扱いは法定通貨でも有価証券でもなく領収書であり、最終的には相手国政府当局に提出して現金化する事が必要である。