circulating medium
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
In the language of commerce "money" has two meanings: currency, or the circulating medium; and capital seeking investment, especially investment on loan.
From A System of Logic: Ratiocinative and Inductive 7th Edition, Vol. II by Mill, John Stuart
Constitutional powers, of the kind last mentioned—that is, the power to ordain a standard of value and to provide a circulating medium for a legal tender—are subject to no mutations of any kind.
From Monopolies and the People by Cloud, D. C.
The circulating medium of the country is, in legal tender notes, $356,000,000.
From Monopolies and the People by Cloud, D. C.
Its establishment originated in the imperious obligation imposed on every government to furnish its people with a circulating medium for their commerce.
From The Works of Daniel Webster, Volume 1 by Webster, Daniel
The currency of the State banks, fairly worthless, was nearly the only circulating medium.
From Lincoln, the Politician by Levy, T. Aaron
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
