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.
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
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 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
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
In the language of commerce "money" has two meanings: currency, or the circulating medium; and capital seeking investment, especially investment on loan.
From A System of Logic: Ratiocinative and Inductive 7th Edition, Vol. II by Mill, John Stuart
