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Definitions

medium of exchange



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 petrodollar narrative focuses almost exclusively on the dollar’s role as a medium of exchange and a unit of account.

From Barron's • May 27, 2026

Metal coins may be just about the oldest medium of exchange still in use today, but ensuring their worth requires some of the most state-of-the-art technology available.

From Science Daily • May 14, 2024

Terra was “designed as a medium of exchange, not an investment,” a Terraform Labs spokesperson said in an email statement.

From Washington Post • Jun. 3, 2022

A currency, as economists understand it, must fulfill three functions: It must be a relatively stable store of value, a commonly understood unit of account, and a widely accepted medium of exchange.

From Slate • May 18, 2022

Cotton was both needed and easily stored, which made it useful as a medium of exchange or status.

From "1491" by Charles C. Mann




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