medium of exchange
noun phrase
: something commonly accepted in exchange for goods and services and recognized as representing a standard of value
Examples of medium of exchange in a Sentence
Recent Examples on the Web
Bitcoin is not working very well at what it was intended to be, which is a trustless medium of exchange that does not involve any third-party intermediaries or central bank money.
—
Allison Morrow, CNN, 20 Mar. 2025
Yet its inability to adequately serve as a medium of exchange and its old-world principles may mean a higher floor - but a much lower ceiling than Bitcoin.
Check out my website.
—Roger Huang, Forbes, 17 Mar. 2025
See the fact that already Tether is well ahead of it as a medium of exchange, refereeing 4 out of 5 crypto transactions.
—John Tamny, Forbes, 9 Mar. 2025
That’s because the precious metal is used across many industries, has a limited supply and is considered to be a store of value as a medium of exchange.
—Marc Guberti, Sacramento Bee, 26 Feb. 2025
Crypto represents an entirely new asset class, promising a fresh store of value, medium of exchange and unit of account.
—Ruth Foxe Blader, Forbes, 20 Jan. 2025
Throughout 2024, key metrics related to bitcoin's role as a store of value and medium of exchange have shown consistent growth, signaling increasing adoption.
—Marie Poteriaieva, Forbes, 13 Jan. 2025
To be sure, there is still a long path ahead before bitcoin will be widely accepted as a medium of exchange and unit of account, said Luria.
—Hakyung Kim, CNBC, 5 Dec. 2024
The three defining features of money are: A medium of exchange A unit of account A store of value Bitcoin – or any cryptocurrency – is not widely used for transactions.
—Ron Insana, CNBC, 21 Nov. 2024
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Allison Morrow, CNN, 20 Mar. 2025
Yet its inability to adequately serve as a medium of exchange and its old-world principles may mean a higher floor - but a much lower ceiling than Bitcoin.
Check out my website.
—Roger Huang, Forbes, 17 Mar. 2025
See the fact that already Tether is well ahead of it as a medium of exchange, refereeing 4 out of 5 crypto transactions.
—John Tamny, Forbes, 9 Mar. 2025
That’s because the precious metal is used across many industries, has a limited supply and is considered to be a store of value as a medium of exchange.
—Marc Guberti, Sacramento Bee, 26 Feb. 2025
Crypto represents an entirely new asset class, promising a fresh store of value, medium of exchange and unit of account.
—Ruth Foxe Blader, Forbes, 20 Jan. 2025
Throughout 2024, key metrics related to bitcoin's role as a store of value and medium of exchange have shown consistent growth, signaling increasing adoption.
—Marie Poteriaieva, Forbes, 13 Jan. 2025
To be sure, there is still a long path ahead before bitcoin will be widely accepted as a medium of exchange and unit of account, said Luria.
—Hakyung Kim, CNBC, 5 Dec. 2024
The three defining features of money are: A medium of exchange A unit of account A store of value Bitcoin – or any cryptocurrency – is not widely used for transactions.
—Ron Insana, CNBC, 21 Nov. 2024
Cite this Entry
“Medium of exchange.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/medium%20of%20exchange. Accessed 1 May. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share