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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 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

During his Mayoralty, the city made an issue of paper money and this circulating medium brought no small relief to the people.

From Memoir of John Howe Peyton in sketches by his contemporaries, together with some of his public and private letters, etc., also a sketch of Ann M. Peyton by Various

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

A circulating medium is greatly needed; however, the enterprise and onward march of this people can not easily be repressed.

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




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