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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.

The electoral mandate stiffened Jackson’s resolve to kill the “monster” in whose control over “the circulating medium” resided the “power to increase or diminish the price of property and to levy taxes on the people in the shape of premiums and interest.”

From Forbes

This would regulate the currency by furnishing a circulating medium, and constitute a basis on which loans could be obtained.

From Project Gutenberg

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 Project Gutenberg

Taking it in connection with the combination of corporations, and Wall street brokers, the prospect of having coin as a circulating medium is but faint, if it is ever possible.

From Project Gutenberg

If the object were to furnish a circulating medium, the legal tender treasury notes would have been a preferable currency.

From Project Gutenberg