a medium of exchange

English - Turkish

English - English

Definition of a medium of exchange in English English dictionary: means of exchange
medium of exchange: An intermediary used in trade to avoid the inconveniences of a pure barter system, such as money
medium of exchange: Anything that is acceptable in exchange for goods and services
medium of exchange: Something, such as a precious metal, that is commonly used in a specific area or among a certain group of people as money
medium of exchange: an item that is generally accepted as a means of payment for goods and services (chapters 2 and 10)
medium of exchange: The most general name for things or services exchanged, including money, credit, hours of labor, etc, etc, indeed anything of value
medium of exchange: an item that can be commonly exchanged for goods and services throughout the economy
medium of exchange: Anything accepted in exchange in lieu of the wealth form desired
medium of exchange: An item that buyers give to sellers when they want to purchase goods and services (pg 27)
medium of exchange: Currency; an intermediate used during trade or commerce; an expediency accepted in an exchange; that which is used as money in an exchange
medium of exchange: anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region

a medium of exchange

Hyphenation

a me·di·um of ex·change

ı midiım ıv îksçeync

/ə ˈmēdēəm əv əksˈʧānʤ/ /ə ˈmiːdiːəm əv ɪksˈʧeɪnʤ/

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