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Meanings of exchange medium in inglês
Intermediary used in trade to avoid the inconveniences of a pure barter system.
Related terms
Synonyms
Examples for "medium of exchange"
Examples for "medium of exchange"
1
But it's not a currency, although it is a medium of exchange.
2
But there remains the first function -as a medium of exchange.
3
Heads are a medium of exchange, and white heads are extremely valuable.
4
Wampum was therefore enthusiastically adopted by the Pilgrims as the medium of exchange.
5
The shekel and the maneh were the only medium of exchange.