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
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 history of all commercial countries shows that the precious metals can constitute but a small part of this circulating medium.
From The Works of Daniel Webster, Volume 1 by Webster, Daniel
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)
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.
