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.

The currency of the State banks, fairly worthless, was nearly the only circulating medium.

From Lincoln, the Politician by Levy, T. Aaron

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

Can such notes be constituted a legitimate circulating medium having a defined legal value?

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

This would regulate the currency by furnishing a circulating medium, and constitute a basis on which loans could be obtained.

From The Second War with England, Vol. 2 of 2 by Headley, Joel Tyler

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)