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.
I had not expected to draft on the department this spring; but there were no other means of settling with Governor McLaughlin, for the want of a circulating medium through which to operate.
From A History of Oregon, 1792-1849 Drawn From Personal Observation and Authentic Information by Gray, William Henry
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.
If the object were to furnish a circulating medium, the legal tender treasury notes would have been a preferable currency.
From Monopolies and the People by Cloud, D. C.
Showing the radical deficiency of the present circulating medium and the advantages of a free currency.
From Anarchism by Eltzbacher, Paul
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