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

It completely accomplished its object; and that object was to restore to a sound basis the currency of the country, and to give the people a uniform circulating medium.

From The Works of Daniel Webster, Volume 1 by Webster, Daniel

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

Showing the radical deficiency of the present circulating medium and the advantages of a free currency.

From Anarchism by Eltzbacher, Paul

It was Secretary Fessenden’s policy to avoid a further increase of the circulating medium, and to redeem or consolidate the temporary obligations outstanding.

From Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 3 "Fenton, Edward" to "Finistere" by Various