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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.

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 Webster, Daniel

Constitutional powers, of the kind last mentioned—that is, the power to ordain a standard of value and to provide a circulating medium for a legal tender—are subject to no mutations of any kind.

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

His circulating medium was not strong enough to warrant the output, so he retired in disgrace.

From Bolanyo by Read, Opie Percival

These coupons were of no value as a circulating medium, and consequently would deprive the State of all means of carrying on the government if they were successful.

From Life Gleanings by Macon, T. J.

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




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