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.
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
Can such notes be constituted a legitimate circulating medium having a defined legal value?
From Monopolies and the People by D. C. Cloud
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 D. C. Cloud
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 A Sexton of the Old School
The currency of the State banks, fairly worthless, was nearly the only circulating medium.
From Lincoln, the Politician by T. Aaron Levy