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circulating medium

   Also found in: Legal 0.03 sec.
circulating medium
n
(Economics, Accounting & Finance / Banking & Finance) Finance currency serving as a medium of exchange


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? Mentioned in ? References in classic literature
 
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.
There is also a great deficiency of a circulating medium.
 
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