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.

For most of crypto’s existence, we’ve been debating just what sort of financial product it is: a medium of exchange, like the dollar, or a store of value, like gold or stock certificates.

From Washington Post

It is frequently mentioned as a measure and medium of exchange in Icelandic legal texts, as well as sales accounts, church inventories and farm registers, from the 1100s into the 17th century.

From Scientific American

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

From Washington Post

They are popular as safe-havens in times of turmoil in crypto markets and are a common medium of exchange, often used by traders to move funds around and speculate on other cryptocurrencies.

From Reuters

In a primer for investors, Vanguard noted that the sudden price movements characteristic of cryptocurrency can “encourage impulsive buying and selling,” making it “impractical as a medium of exchange.”

From Washington Post