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.
Taking it in connection with the combination of corporations, and Wall street brokers, the prospect of having coin as a circulating medium is but faint, if it is ever possible.
From Monopolies and the People by D. C. Cloud
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
It was the first money I had ever earned—my only transactions with the circulating medium before that time, having been to spend it, as fast as it could be obtained from a fond father.
From Lost Lenore The Adventures of a Rolling Stone by Charles A. Beach
Can such notes be constituted a legitimate circulating medium having a defined legal value?
From Monopolies and the People by D. C. Cloud
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 John Stuart Mill
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