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.

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

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

They pictured forth the lamentable results that would follow its passage, and the direful consequences that would ensue from an increase of the circulating medium of the country.

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)

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

This plan affords France a market for her bills, Spain a cheap and easy way of bringing her money home, and America a circulating medium, which enables her to tax with advantage.

From The Diplomatic Correspondence of the American Revolution Volume 7. by Various

This became book or bank money, and the actually circulating medium was rated to it at a certain discount.

From The History of Currency, 1252 to 1896 by Shaw, William Arthur