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Circulating medium

   Also found in: Legal 0.03 sec.
See Medium.
a current medium of exchange, whether coin, bank notes, or government notes.

See also: Circulate Medium



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These disorders of the circulating medium were a source of endless plague and perplexity to the rulers and legislators, not only in Governor Belcher's days, but for many years before and afterwards.
Grandfather's Chair by Hawthorne, Nathaniel View in context
There is also a great deficiency of a circulating medium.
The Voyage of the Beagle by Darwin, Charles View in context
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