medium of exchange

Definitions of medium of exchange

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

monetary system
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legal tender, stamp, tender
something that can be used as an official medium of payment
the most common medium of exchange; functions as legal tender
the metal or paper medium of exchange that is presently used
money set aside (as by a legislature) for a specific purpose
fund, monetary fund
a reserve of money set aside for some purpose
food stamp
a government-issued stamp that can be used in exchange for food
the official currency issued by a government or national bank
boodle, bread, cabbage, clams, dinero, dough, gelt, kale, lettuce, lolly, loot, lucre, moolah, pelf, scratch, shekels, simoleons, sugar, wampum
informal terms for money
paper money of little value issued on insufficient security
subsidisation, subsidization
money (or other benefits) obtained as a subsidy
token money
coins of regular issue whose face value is greater than their intrinsic value
currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing
cash, hard cash, hard currency
money in the form of bills or coins
hard currency
a currency that is not likely to depreciate suddenly in value
folding money, paper currency, paper money
currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie
coinage, metal money, mintage, specie
coins collectively
Type of:
criterion, measure, standard, touchstone
a basis for comparison; a reference point against which other things can be evaluated

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