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词汇 example_english_medium-of-exchange
释义

medium of exchange

collocation in English

meanings of mediumand exchange


These words are often used together. Click on the links below to explore the meanings. Or, see other collocations with medium or exchange.
medium
noun[C]
uk /ˈmiː.di.əm/ us /ˈmiː.di.əm/
a method or way of ...
See more at medium
exchange
noun
uk /ɪksˈtʃeɪndʒ/ us /ɪksˈtʃeɪndʒ/
the act of giving something to someone and them giving you ...
See more at exchange


Examples of medium of exchange


These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
However all of these approaches are somewhat ad hoc and do not explain why intrinsically worthless money can have value as mediumofexchange.
From
Wikipedia

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Early silver coins, known as sceattas, appeared, replacing the impractical gold thrymsa as a mediumofexchange.
From
Wikipedia

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They performed the function of money as a mediumofexchange.
From
Wikipedia

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According to economists, money is a mediumofexchange.
From
Wikipedia

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The use of money as a mediumofexchange and unit of account is necessary to solve the first two problems of economic calculation.
From
Wikipedia

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However economics does not explain how individual human beings and societies came to accept symbolic money as a mediumofexchange or store of value.
From
Wikipedia

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A currency is a unit of exchange and hence a kind of money and mediumofexchange.
From
Wikipedia

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More recently cryptocurrencies such as bitcoin have been used as mediumofexchange in black market transactions.
From
Wikipedia

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Duplicate stamps can be sold or traded, so they are an important mediumofexchange among collectors.
From
Wikipedia

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The common mediumofexchange was lump silver coinage, followed by gold and copper lump coinage.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
Want to learn more?
Go to the definition of medium
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See other collocations with medium
See other collocations with exchange
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