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.
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
These coupons were of no value as a circulating medium, and consequently would deprive the State of all means of carrying on the government if they were successful.
From Life Gleanings by Macon, T. J.
It completely accomplished its object; and that object was to restore to a sound basis the currency of the country, and to give the people a uniform circulating medium.
From The Works of Daniel Webster, Volume 1 by Webster, Daniel
Indeed, they are used as a kind of circulating medium.
From Sketches of Reforms and Reformers, of Great Britain and Ireland by Stanton, Henry B.
This became book or bank money, and the actually circulating medium was rated to it at a certain discount.
From The History of Currency, 1252 to 1896 by Shaw, William Arthur
