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.
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
Can such notes be constituted a legitimate circulating medium having a defined legal value?
From Monopolies and the People by Cloud, D. C.
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
The circulating medium of the country is, in legal tender notes, $356,000,000.
From Monopolies and the People by Cloud, D. C.
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
