circulating medium

noun

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

circulating medium

noun

1. finance currency serving as a medium of exchange

Word History and Origins

Origin of circulating medium¹

First recorded in 1790–1800

Example Sentences

At first, it was thought that some sort of circulating medium must be used, that life could not be transacted without it.

From Project Gutenberg

The paper of this bank is now the principal circulating medium of this colony.

From Project Gutenberg

These increased prices and wages have required increased circulating medium.

From Project Gutenberg

But it is also true that money or other circulating medium is unprecedently plentiful.

From Project Gutenberg

We feel that to the policy pursued by them, we are indebted for all the evils we experience for want of a circulating medium.

From Project Gutenberg