any coin or note passing, without endorsement, as a medium of exchange.
such coins or notes collectively.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use circulating medium in a sentence
At first, it was thought that some sort of circulating medium must be used, that life could not be transacted without it.A Traveler from Altruria: Romance | William Dean Howells
The paper of this bank is now the principal circulating medium of this colony.
These increased prices and wages have required increased circulating medium.
But it is also true that money or other circulating medium is unprecedently plentiful.
We feel that to the policy pursued by them, we are indebted for all the evils we experience for want of a circulating medium.The Life of John Marshall Volume 4 of 4 | Albert J. Beveridge
British Dictionary definitions for circulating medium
finance currency serving as a medium of exchange
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012