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Definitions

circulating medium

NOUN
medium of exchange
Synonyms


Example Sentences

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Its establishment originated in the imperious obligation imposed on every government to furnish its people with a circulating medium for their commerce.

From The Works of Daniel Webster, Volume 1 by Daniel Webster

The history of all commercial countries shows that the precious metals can constitute but a small part of this circulating medium.

From The Works of Daniel Webster, Volume 1 by Daniel Webster

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 Thomas C. Dawson

It was the first money I had ever earned—my only transactions with the circulating medium before that time, having been to spend it, as fast as it could be obtained from a fond father.

From Lost Lenore The Adventures of a Rolling Stone by Charles A. Beach

I had not expected to draft on the department this spring; but there were no other means of settling with Governor McLaughlin, for the want of a circulating medium through which to operate.

From A History of Oregon, 1792-1849 Drawn From Personal Observation and Authentic Information by William Henry Gray




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