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.
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
Its establishment originated in the imperious obligation imposed on every government to furnish its people with a circulating medium for their commerce.
From The Works of Daniel Webster, Volume 1 by Webster, Daniel
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 Cloud, D. C.
His circulating medium was not strong enough to warrant the output, so he retired in disgrace.
From Bolanyo by Read, Opie Percival
In consequence of this law gold, long banished, became once more a circulating medium of exchange.
From Thomas Hart Benton by Roosevelt, Theodore