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.
In consequence of this law gold, long banished, became once more a circulating medium of exchange.
From Thomas Hart Benton by Roosevelt, Theodore
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.
The circulating medium of the country is, in legal tender notes, $356,000,000.
From Monopolies and the People by Cloud, D. C.
The currency of the State banks, fairly worthless, was nearly the only circulating medium.
From Lincoln, the Politician by Levy, T. Aaron
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.
