circulating medium
noun
any coin or note passing, without endorsement, as a medium of exchange.
such coins or notes collectively.
Origin of circulating medium
First recorded in 1790–1800
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Related Words for circulating medium
currencyExamples from the Web for circulating medium
Historical Examples of circulating medium
You smile; but admit that our paper is worth nothing,—it answers as a circulating-medium; and we hold it all ourselves.
circulating medium
noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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