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Definitions

circulating medium

NOUN
medium of exchange
Synonyms


Example Sentences

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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)

The local currency includes rings of gold, specially made as a circulating medium.

From Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 2 "Fairbanks, Erastus" to "Fens" by Various

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 Beach, Charles A.

During his Mayoralty, the city made an issue of paper money and this circulating medium brought no small relief to the people.

From Memoir of John Howe Peyton in sketches by his contemporaries, together with some of his public and private letters, etc., also a sketch of Ann M. Peyton by Various

In the language of commerce "money" has two meanings: currency, or the circulating medium; and capital seeking investment, especially investment on loan.

From A System of Logic: Ratiocinative and Inductive 7th Edition, Vol. II by Mill, John Stuart




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