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.

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.

During his Mayoralty, the city made an issue of paper money and this circulating medium brought no small relief to the people.

From Memoir of John Howe Peyton in sketches by his contemporaries, together with some of his public and private letters, etc., also a sketch of Ann M. Peyton by Various

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

The circulating medium of the country is, in legal tender notes, $356,000,000.

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

It completely accomplished its object; and that object was to restore to a sound basis the currency of the country, and to give the people a uniform circulating medium.

From The Works of Daniel Webster, Volume 1 by Webster, Daniel