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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.

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

From Anarchism by Eltzbacher, Paul

During his Mayoralty, the city made an issue of paper money and this circulating medium brought no small relief to the people.

From Memoir of John Howe Peyton in sketches by his contemporaries, together with some of his public and private letters, etc., also a sketch of Ann M. Peyton by Various

It was this picture that gave occasion for one of John Van Buren's noted sayings that were once a circulating medium in the lawyers' offices of New York.

From Caricature and Other Comic Art in all Times and many Lands. by Parton, James

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

In the language of commerce "money" has two meanings: currency, or the circulating medium; and capital seeking investment, especially investment on loan.

From A System of Logic: Ratiocinative and Inductive 7th Edition, Vol. II by Mill, John Stuart




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