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.
It thus appears that this people must have had a circulating medium in the shape of gold coin.
From Equatorial America Descriptive of a Visit to St. Thomas, Martinique, Barbadoes, and the Principal Capitals of South America by Ballou, Maturin Murray
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)
This became book or bank money, and the actually circulating medium was rated to it at a certain discount.
From The History of Currency, 1252 to 1896 by Shaw, William Arthur
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
In consequence of this law gold, long banished, became once more a circulating medium of exchange.
From Thomas Hart Benton by Roosevelt, Theodore
