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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.

A circulating medium is greatly needed; however, the enterprise and onward march of this people can not easily be repressed.

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

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

From Bolanyo by Read, Opie Percival

Showing the radical deficiency of the present circulating medium and the advantages of a free currency.

From Anarchism by Eltzbacher, Paul

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 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.