Examples of 'medium of exchange' in a sentence
Meaning of "medium of exchange"
Medium of exchange refers to any system or instrument that is widely accepted as a form of payment for goods, services, or debts. Examples of mediums of exchange include cash, checks, credit cards, and digital currencies like Bitcoin
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- An intermediary used in trade to avoid the inconveniences of a pure barter system, such as money.
How to use "medium of exchange" in a sentence
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medium of exchange
But the currency or medium of exchange is different.
Fungibility is a crucial advantage of gold as a medium of exchange.
Money is a medium of exchange and is of itself neutral.
Money is not the only medium of exchange.
Bitcoin is a medium of exchange that is growing in importance.
A currency is a kind of money and medium of exchange.
It is neither a medium of exchange nor a store of value.
He viewed money only as a temporary medium of exchange.
It is the main medium of exchange between people.
Money is not just a rational medium of exchange.
A definable medium of exchange is crucial to facilitate the market.
Money serves as a universally accepted medium of exchange.
Usually the medium of exchange is money.
Economists call such a good a medium of exchange.
The circulating medium of exchange was thus reduced by half.
See also
Money is still the formal medium of exchange.
Medium of exchange and unit of account.
The money is merely an accepted medium of exchange.
Silver has been a medium of exchange for thousands of years.
Gold might also be used as a medium of exchange.
A medium of exchange for good an service.
Now we deal with the medium of exchange.
The medium of exchange for oil is the dollar.
Money is simply the medium of exchange that we use.
A medium of exchange without a past is unthinkable.
It is commonly used worldwide as a medium of exchange in monetary transactions.
Medium of exchange for business transactions.
It must be predictably usable as a medium of exchange when it is retrieved.
Medium of exchange of the period.
To be used as a medium of exchange money must be.
It cannot be ignored that capital is no longer a medium of exchange.
Dollars are a medium of exchange in some countries.
Money is often looked at as a medium of exchange.
But that medium of exchange is not necessarily money.
This makes it to be used as a medium of exchange.
Gold has been a medium of exchange for a very long time.
Precious metals are a great medium of exchange.
The medium of exchange is relationship.
We should realize that money is just a medium of exchange.
Gold was the recognized medium of exchange for international commerce.
This is a hindrance to its immediate acceptance as a medium of exchange.
A medium of exchange is a way of using money as an intermediate reference in a transaction.
Electronic money assumes a greater role as a medium of exchange.
Money is a medium of exchange lyrics.
Gold is universally accepted as a medium of exchange.
We use money as a medium of exchange for work or services of any kind.
Bitcoin was initially envisioned as a medium of exchange.
Universal medium of exchange.
But it makes it much less satisfactory as a medium of exchange.
The money must be only a medium of exchange and measure of value.
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We need an exchange of experts and to research training
And it is increasingly difficult for us to exchange letters
Summers off in exchange for a crap pension
Examples of using Medium
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The product has medium foam formation
Medium screws in softwood or small screws in hardwood
Fine grind medium grind coarse grind
