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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.

The circulating medium was brought to a sound basis.

From The South American Republics Part I of II by Dawson, Thomas C.

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

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.

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

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




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