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Definitions

circulating medium

NOUN
medium of exchange
Synonyms


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.

This plan affords France a market for her bills, Spain a cheap and easy way of bringing her money home, and America a circulating medium, which enables her to tax with advantage.

From The Diplomatic Correspondence of the American Revolution Volume 7. by Various

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

But his effort to contract and steady the circulating medium excited protests from a community that was growing rich in the rapid inflation of values.

From The South American Republics Part I of II by Dawson, Thomas C.

If the object were to furnish a circulating medium, the legal tender treasury notes would have been a preferable currency.

From Monopolies and the People by Cloud, D. C.

Ordinarily, the laws of trade, of demand and supply, will regulate and equalize the distribution of the circulating medium over the country.

From Monopolies and the People by Cloud, D. C.




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