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Translations for „medium of exchange“ in the English » Arabic Dictionary (Go to Arabic » English)

medium of exchange

Monolingual examples (not verified by PONS Editors)

English
A prolonged period of high inflation will induce the domestic currency to lose its function as medium of exchange when the public carries out many transactions in foreign currency.
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Early silver coins, known as sceattas, appeared, replacing the impractical gold thrymsa as a medium of exchange.
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Concerns remained, however, over the strength of public credit as unstable banknotes remained a medium of exchange.
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These notes became themselves the subject of speculation, depreciating rapidly as a medium of exchange.
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The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally in the past, a standard of deferred payment.
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