noun
anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
• Syn: ↑monetary system
• Hypernyms: ↑standard, ↑criterion, ↑measure, ↑touchstone
• Hyponyms: ↑tender, ↑legal tender, ↑stamp, ↑money, ↑currency
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: something commonly accepted in exchange for goods and services and recognized as representing a standard of value — see circulating medium, money
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anything generally accepted as representing a standard of value and exchangeable for goods or services.
[1730-40]
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medium of exchange UK US noun [countable] [singular medium of exchange plural mediums of exchange media of exchange]
something that people agree has value and can be used as money, for example gold
Thesaurus: general words for money, cash and coinshyponym
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medium of exchange,
money or anything used as money.
Useful english dictionary. 2012.