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.
As gold becomes plenty, it will be employed for other uses, sauce-pans perhaps, as well as for the increase of the circulating medium.
From Dealings with the Dead, Volume I (of 2) by School, A Sexton of the Old
Can such notes be constituted a legitimate circulating medium having a defined legal value?
From Monopolies and the People by Cloud, D. C.
Little need there would be to go to any expense in getting out posters when there was such a splendid circulating medium close at hand.
From Fast Nine or, A Challenge from Fairfield by Douglas, Alan
It will give assurance to our languishing industries that the volume of our circulating medium is not to continue shrinking, and that the tendency of prices shall no longer be downward.
From Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 by Jones, John P. (John Percival)
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