| 释义 |
circulating medium
circulating medium n (Banking & Finance) finance currency serving as a medium of exchange cir′culating me`dium
n. any coin or note passing, without endorsement, as a medium of exchange. [1790–1800] Circulating medium
CIRCULATING MEDIUM. By this term is understood whatever is used in making payments, as money, bank notes, or paper which passes from hand to hand in payment of goods, or debts. |