medium of exchange
medium of exchange
Definition of MEDIUM OF EXCHANGE
: something commonly accepted in exchange for goods and services and recognized as representing a standard of value
First Known Use of MEDIUM OF EXCHANGE
1714
Learn More About MEDIUM OF EXCHANGE
Browse
Next Word in the Dictionary: mediumship
Previous Word in the Dictionary: mediumistic
All Words Near: medium of exchange
Previous Word in the Dictionary: mediumistic
All Words Near: medium of exchange
Seen & Heard 
What made you want to look up medium of exchange? Please tell us where you read or heard it (including the quote, if possible).








