| 单词 | circulating medium |
| 释义 | > as lemmascirculating medium circulating medium n. a medium of exchange, whether gold, silver, or any other article. ΘΚΠ society > trade and finance > money > medium of exchange or currency > [noun] money?a1425 medium of exchange1695 currency1729 circulation1790 circulating medium1803 1803 T. R. Malthus Ess. Princ. Population (new ed.) iii. v. 408 The increase of the circulating medium. 1809 R. Langford Introd. Trade 131 Circulating medium, cash and notes payable on demand. 1862 J. Ruskin Munera Pulveris (1880) 63 The nation..has little occasion for circulating media. circulating medium b. Chiefly in medium of exchange: anything commonly agreed as a token of value and used in transactions in a trading system; esp. (also medium of circulation, circulating medium) freely circulating units of money, as banknotes, coins, which fulfil this role; currency. Formerly: (spec. in British colonies in America) †the local paper currency (obsolete). ΘΚΠ society > trade and finance > money > medium of exchange or currency > [noun] money?a1425 medium of exchange1695 currency1729 circulation1790 circulating medium1803 1695 S. Clement Disc. Money iii. 6 Money is become the Medium of all Commerce. 1714 Boston News-let. 16 Aug. 2/2 Trade..is very much Embarassed for want of a Medium of Exchange. 1740 in Public Rec. Colony of Connecticut (1874) VIII. 318 The expences of this government are likely to be very heavy..by reason..of a great scarcity of a medium of exchange. 1740 W. Douglass Disc. Currencies Brit. Plantations in Amer. 6 Upon cancelling this Paper Medium all those Inconveniences did vanish. 1758 in B. P. Smith Hist. Dartmouth Coll. (1878) 16 The discredit of our medium. 1827 P. Cunningham Two Years New S. Wales II. xxiii. 112 Bullion and paper, as mediums of circulation. 1833 H. Martineau Charmed Sea Summary 135 The adoption of a medium of exchange. 1838 W. H. Prescott Hist. Reign Ferdinand & Isabella II. i. xvii. 141 The only medium for representing their property was bills of exchange. 1884 Rep. Brit. Assoc. 837 Media of Exchange: some Notes on the Precious Metals and their Equivalents. 1937 W. Lippmann Good Society iii. xi. 219 Thus the money which is the medium of the exchange economy, the standard in which are expressed the prices that regulate the division of labor, was until recent times dependent upon accident. 1965 B. Pearce tr. E. Preobrazhensky New Econ. 175 All these branches, which require neither a lot of equipment nor much circulating media, and which have a quick turnover of capital, are more accessible to petty production and petty capital. 1994 Peace Mag. May 16/1 With LETS, instead of waiting for money to trickle down from somewhere else, Jeanne creates her own personal money by getting things she needs through a medium of exchange called ‘green dollars’. < as lemmas |
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