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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.

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

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

The currency of the State banks, fairly worthless, was nearly the only circulating medium.

From Lincoln, the Politician by Levy, T. Aaron

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

It completely accomplished its object; and that object was to restore to a sound basis the currency of the country, and to give the people a uniform circulating medium.

From The Works of Daniel Webster, Volume 1 by Webster, Daniel




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