any coin or note passing, without endorsement, as a medium of exchange.
such coins or notes collectively.
DO YOU KNOW THIS VOCABULARY FROM "THE HANDMAID'S TALE"?
"The Handmaid's Tale" was required reading for many of us in school. Everyone else has probably watched the very popular and addictive TV show. Do you remember this vocabulary from the book, and do you know what these terms mean?
Question 1 of 10
Origin of circulating medium
First recorded in 1790–1800
Words nearby circulating medium
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
Example sentences from the Web for circulating medium
You smile; but admit that our paper is worth nothing,—it answers as a circulating-medium; and we hold it all ourselves.
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