definitions

circulating medium

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noun

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

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RELATED WORDS

currency

Nearby words

circularize, circulate, circulating capital, circulating decimal, circulating library, circulating medium, circulation, circulator, circulatory, circulatory system, 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