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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

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

Its establishment originated in the imperious obligation imposed on every government to furnish its people with a circulating medium for their commerce.

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

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.

Indeed, they are used as a kind of circulating medium.

From Sketches of Reforms and Reformers, of Great Britain and Ireland by Stanton, Henry B.




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