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circulating medium

NOUN
medium of exchange
Synonyms


Example Sentences

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In consequence of this law gold, long banished, became once more a circulating medium of exchange.

From Thomas Hart Benton by Roosevelt, Theodore

Taking it in connection with the combination of corporations, and Wall street brokers, the prospect of having coin as a circulating medium is but faint, if it is ever possible.

From Monopolies and the People by Cloud, D. C.

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.

It was Secretary Fessenden’s policy to avoid a further increase of the circulating medium, and to redeem or consolidate the temporary obligations outstanding.

From Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 3 "Fenton, Edward" to "Finistere" by Various

It will give assurance to our languishing industries that the volume of our circulating medium is not to continue shrinking, and that the tendency of prices shall no longer be downward.

From Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 by Jones, John P. (John Percival)




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