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medium of exchange

noun
1.
anything generally accepted as representing a standard of value and exchangeable for goods or services.
Origin
1730-1740
1730-40
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for medium of ex change

medium of exchange

noun
1.
anything acceptable as a measure of value and a standard of exchange for goods and services in a particular country, region, etc
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Value for medium

11
14
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