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medium of exchange

medium of exchange
M m

Transcription

    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • /ˈmi di əm ʌv, ɒv iks-ˈchānj, ˈeks-ˌ/
    • /ˈmiːdiəm əv ɪksˈtʃeɪndʒ/
    • US Pronunciation
    • US IPA
    • /ˈmi di əm ʌv, ɒv iks-ˈchānj, ˈeks-ˌ/

Definitions of medium of exchange words

  • noun medium of exchange anything generally accepted as representing a standard of value and exchangeable for goods or services. 1
  • noun medium of exchange law: to facilitate sale 1
  • noun medium of exchange anything acceptable as a measure of value and a standard of exchange for goods and services in a particular country, region, etc 0
  • noun medium of exchange anything used as a measure of value in exchange for goods and services; currency, checks, etc. 0

Information block about the term

Origin of medium of exchange

First appearance:

before 1730
One of the 48% newest English words
First recorded in 1730-40

Historical Comparancy

Parts of speech for Medium of exchange

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation

medium of exchange popularity

This term is known only to a narrow circle of people with rare knowledge. Only 27% of English native speakers know the meaning of this word.
According to our data about 64% of words is more used. This is a rare but used term. It occurs in the pages of specialized literature and in the speech of educated people.

medium of exchange usage trend in Literature

This diagram is provided by Google Ngram Viewer

Synonyms for medium of exchange

noun medium of exchange

  • cash — Cash is money in the form of notes and coins rather than cheques.
  • circulating medium — currency serving as a medium of exchange
  • legal tender — currency that may be lawfully tendered in payment of a debt, such as paper money, Federal Reserve notes, or coins.
  • money — any circulating medium of exchange, including coins, paper money, and demand deposits.

See also

Matching words

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