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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.

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

They pictured forth the lamentable results that would follow its passage, and the direful consequences that would ensue from an increase of the circulating medium of the country.

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)

Indeed, they are used as a kind of circulating medium.

From Sketches of Reforms and Reformers, of Great Britain and Ireland by Stanton, Henry B.

Can such notes be constituted a legitimate circulating medium having a defined legal value?

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

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.