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.
It was Secretary Fessenden’s policy to avoid a further increase of the circulating medium, and to redeem or consolidate the temporary obligations outstanding.
From Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 3 "Fenton, Edward" to "Finistere" by Various
The circulating medium was brought to a sound basis.
From The South American Republics Part I of II by Dawson, Thomas C.
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
It thus appears that this people must have had a circulating medium in the shape of gold coin.
From Equatorial America Descriptive of a Visit to St. Thomas, Martinique, Barbadoes, and the Principal Capitals of South America by Ballou, Maturin Murray
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.
