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单词 medium of exchange
释义

medium of exchange


medium of exchange

n. pl. media of exchange or mediums of exchange Something, such as a precious metal, that is commonly used in a specific area or among a certain group of people as money.

medium of exchange

n (Banking & Finance) anything acceptable as a measure of value and a standard of exchange for goods and services in a particular country, region, etc

me′dium of exchange′


n. something generally accepted as representing a standard of value and exchangeable for goods or services.
Thesaurus
Noun1.medium of exchange - anything that is generally accepted as a standard of value and a measure of wealth in a particular country or regionmedium of exchange - anything that is generally accepted as a standard of value and a measure of wealth in a particular country or regionmonetary systemcriterion, standard, touchstone, measure - a basis for comparison; a reference point against which other things can be evaluated; "the schools comply with federal standards"; "they set the measure for all subsequent work"legal tender, tender, stamp - something that can be used as an official medium of paymentmoney - the most common medium of exchange; functions as legal tender; "we tried to collect the money he owed us"currency - the metal or paper medium of exchange that is presently used
Translations
Zahlungsmittel

medium of exchange


Medium of Exchange

Anything used as money. A medium of exchange is most commonly a currency, but it may be a commodity agreed-upon in a certain area as having a value. Examples include gold, silver, or even seashells.

medium of exchange

see MONEY.

medium of exchange

an attribute of MONEY, enabling people to price goods and services and exchange them, using money as a common denominator rather than exchanging one good directly for another (as in BARTER).

medium of exchange


Related to medium of exchange: measure of value
  • noun

Synonyms for medium of exchange

noun anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region

Synonyms

  • monetary system

Related Words

  • criterion
  • standard
  • touchstone
  • measure
  • legal tender
  • tender
  • stamp
  • money
  • currency
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更新时间:2025/3/16 17:15:59