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.

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

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

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.

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.

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.