circulating medium


noun

any coin or note passing, without endorsement, as a medium of exchange.
such coins or notes collectively.

Nearby words

  1. circularize,
  2. circulate,
  3. circulating capital,
  4. circulating decimal,
  5. circulating library,
  6. circulation,
  7. circulator,
  8. circulatory,
  9. circulatory system,
  10. circulus

Origin of circulating medium

First recorded in 1790–1800

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for circulating medium



British Dictionary definitions for circulating medium

circulating medium

noun

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