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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.

It will give assurance to our languishing industries that the volume of our circulating medium is not to continue shrinking, and that the tendency of prices shall no longer be downward.

From Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 by Jones, John P. (John Percival)

The Christian is, so to speak, the circulating medium of Christ, the coin of the realm by whom the great transactions of mercy and grace to a lost world are carried on.

From Thoughts for the Quiet Hour by Various

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

I had not expected to draft on the department this spring; but there were no other means of settling with Governor McLaughlin, for the want of a circulating medium through which to operate.

From A History of Oregon, 1792-1849 Drawn From Personal Observation and Authentic Information by Gray, William Henry

It thus appears that this people must have had a circulating medium in the shape of gold coin.

From Equatorial America Descriptive of a Visit to St. Thomas, Martinique, Barbadoes, and the Principal Capitals of South America by Ballou, Maturin Murray




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