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Definitions

circulating medium

NOUN
medium of exchange
Synonyms


Example Sentences

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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

These coupons were of no value as a circulating medium, and consequently would deprive the State of all means of carrying on the government if they were successful.

From Life Gleanings by Macon, T. J.

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

From Lincoln, the Politician by Levy, T. Aaron

In consequence of this law gold, long banished, became once more a circulating medium of exchange.

From Thomas Hart Benton by Roosevelt, Theodore

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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