Quantcast
Merriam-Webster Logo
  • Dictionary
  • Thesaurus
  • Medical
  • Scrabble
  • Spanish Central
  • Learner's Dictionary

medium of exchange

Definition of medium of exchange

  1. :  something commonly accepted in exchange for goods and services and recognized as representing a standard of value



1714

First Known Use of medium of exchange

1714


Learn More about medium of exchange


Seen and 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).

WORD OF THE DAY

marked by propriety and good taste

Get Word of the Day daily email!

WORD GAMES

Take a 3-minute break and test your skills!

image567572573

Which of these is a synonym of unctuous?

prompt maudlin angry oily
Name That Thing

Test your visual vocabulary with our 10-question challenge!

TAKE THE QUIZ
SCRABBLE® Sprint

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ