Meaning Of The Word Medium of exchange

Real Dictionary

What's the definition of Medium of exchange? Find Medium of exchange meanings, definitions and more at the Real Dictionary online.

Medium of exchange Meaning

Medium of exchange Definition
Medium of exchange Definition

What's The Definition Of Medium of exchange?

medium of exchange in British English
anything generally accepted as representing a standard of value and exchangeable for goods or services
anything used as a measure of value in exchange for goods and services; currency, checks, etc.
noun: anything acceptable as a measure of value and a standard of exchange for goods and services in a particular country, region, etc

More Definitions

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Definitions Of The Day

  • Goatweed ‐ noun: a plant of the…
  • Have your hands full ‐ to be…
  • Noseguard ‐ noun: (in American football) the innermost of…
  • Dolma ‐ a dish consisting of a grape leaf, cabbage leaf…
  • Micromanager ‐ noun: a person who controls a business or project…
  • Tendrilly ‐ adjective; noun: a specialized threadlike part…
  • Hotel ship ‐ noun: a ship which is moored and used…
  • Wontedly ‐ adverb: usually…
  • Hoe into ‐ verb: to eat…
  • Hereafter ‐ after this; from now on; in the future; the future…