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.
Indeed, they are used as a kind of circulating medium.
From Sketches of Reforms and Reformers, of Great Britain and Ireland by Stanton, Henry B.
The circulating medium of the country is, in legal tender notes, $356,000,000.
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
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)
