Definisjon av medium of exchange

Vi fant 2 definisjoner av medium of exchangeengelsk.

Annonsering

WordNet WordNet by Princeton University

Noun

medium of exchange - anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
monetary system
touchstone, criterion, standard, measure the ideal in terms of which something can be judged; "they live by the standards of their community"
legal tender, tender, stamp ship that usually provides supplies to other ships
money wealth reckoned in terms of money; "all his money is in real estate"
= synonym
= antonym
= relatert ord

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Substantiv

medium of exchange - An intermediary used in trade to avoid the inconveniences of a pure barter system, such as money.

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