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Definitions

circulating medium

NOUN
medium of exchange
Synonyms


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.

As gold becomes plenty, it will be employed for other uses, sauce-pans perhaps, as well as for the increase of the circulating medium.

From Dealings with the Dead, Volume I (of 2) by School, A Sexton of the Old

The local currency includes rings of gold, specially made as a circulating medium.

From Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 2 "Fairbanks, Erastus" to "Fens" by Various

But his effort to contract and steady the circulating medium excited protests from a community that was growing rich in the rapid inflation of values.

From The South American Republics Part I of II by Dawson, Thomas C.

We saw this exemplified in our travelling companions, land-seekers like ourselves, with the sole difference that, not being overburdened with the circulating medium, they had come without scrip.

From Tales from Blackwood Volume 5 by Various

A circulating medium is greatly needed; however, the enterprise and onward march of this people can not easily be repressed.

From A History of Oregon, 1792-1849 Drawn From Personal Observation and Authentic Information by Gray, William Henry




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