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
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
There was no federal currency, and federal law barred the treasury from borrowing the state bank notes that were the nation’s de facto medium of exchange.
From Washington Post • Apr. 1, 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
