Circulating medium
Medium Me"di*um, n.; pl. L. {Media}, {E}. {Mediums}. [L. medium the middle, fr. medius middle. See {Mid}, and cf. {Medius}.] 1. That which lies in the middle, or between other things; intervening body or quantity. Hence, specifically: (a) Middle place or degree; mean. [1913 Webster]

The just medium . . . lies between pride and abjection. --L'Estrange. [1913 Webster] (b) (Math.) See {Mean}. (c) (Logic) The mean or middle term of a syllogism; that by which the extremes are brought into connection. [1913 Webster]

2. A substance through which an effect is transmitted from one thing to another; as, air is the common medium of sound. Hence: The condition upon which any event or action occurs; necessary means of motion or action; that through or by which anything is accomplished, conveyed, or carried on; specifically, in animal magnetism, spiritualism, etc., a person through whom the action of another being is said to be manifested and transmitted. [1913 Webster]

Whether any other liquors, being made mediums, cause a diversity of sound from water, it may be tried. --Bacon. [1913 Webster]

I must bring together All these extremes; and must remove all mediums. --Denham. [1913 Webster]

3. An average. [R.] [1913 Webster]

A medium of six years of war, and six years of peace. --Burke. [1913 Webster]

4. A trade name for printing and writing paper of certain sizes. See {Paper}. [1913 Webster]

5. (Paint.) The liquid vehicle with which dry colors are ground and prepared for application. [1913 Webster]

6. (Microbiology) A source of nutrients in which a microorganism is placed to permit its growth, cause it to produce substances, or observe its activity under defined conditions; also called {culture medium} or {growth medium}. The medium is usually a solution of nutrients in water, or a similar solution solidified with gelatin or agar. [PJC]

7. A means of transmission of news, advertising, or other messages from an information source to the public, also called a {news medium}, such as a newspaper or radio; used mostly in the plural form, i. e. {news media} or {media}. See 1st {media}[2]. [PJC]

{Circulating medium}, a current medium of exchange, whether coin, bank notes, or government notes.

{Ethereal medium} (Physics), the ether.

{Medium of exchange}, that which is used for effecting an exchange of commodities -- money or current representatives of money. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • circulating medium — n. any medium of exchange that can be passed in ordinary commerce, as currency …   English World dictionary

  • circulating medium — index currency Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • circulating medium — noun : a medium of exchange (as coin, bank notes, or government notes) that passes from hand to hand without endorsement * * * 1. any coin or note passing, without endorsement, as a medium of exchange. 2. such coins or notes collectively. [1790… …   Useful english dictionary

  • Circulating medium — Circulate Cir cu*late, v. i. [imp. & p. p. {Circulated}; p. pr. & vb. n. {Circulating}.] [L. circulatus, p. p. of circulare, v. t., to surround, make round, circulari, v. i., to gather into a circle. See {Circle}.] [1913 Webster] 1. To move in a… …   The Collaborative International Dictionary of English

  • circulating medium — 1. any coin or note passing, without endorsement, as a medium of exchange. 2. such coins or notes collectively. [1790 1800] * * * …   Universalium

  • circulating medium — cir′culating me dium n. num any coin or note passing, without endorsement, as a medium of exchange • Etymology: 1790–1800 …   From formal English to slang

  • circulating medium — /ˌsɜkjəleɪtɪŋ ˈmidiəm/ (say .serkyuhlayting meedeeuhm) noun 1. any coin or note passing, without endorsement, as a medium of exchange. 2. such coins or notes collectively …   Australian English dictionary

  • circulating medium — noun a commodity used in commercial exchange, especially coins or gold …   English new terms dictionary

  • Medium — Me di*um, n.; pl. L. {Media}, {E}. {Mediums}. [L. medium the middle, fr. medius middle. See {Mid}, and cf. {Medius}.] 1. That which lies in the middle, or between other things; intervening body or quantity. Hence, specifically: (a) Middle place… …   The Collaborative International Dictionary of English

  • Medium of exchange — Medium Me di*um, n.; pl. L. {Media}, {E}. {Mediums}. [L. medium the middle, fr. medius middle. See {Mid}, and cf. {Medius}.] 1. That which lies in the middle, or between other things; intervening body or quantity. Hence, specifically: (a) Middle… …   The Collaborative International Dictionary of English

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