any coin or note passing, without endorsement, as a medium of exchange.
such coins or notes collectively.
currency serving as a medium of exchange
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Air is used instead of a drilling mud as the circulating medium to cool the bit and remove the bit-drilled cuttings from the hole.
If air is the circulating medium to be employed there are additional requirements that come into play.
The country must be safeguarded against the overexpansion or unjust contraction of either credit or circulating medium.
Make such provisions now, that hereafter there be no diminution of the circulating medium of the country.
They had thereby a circulating medium and legal tender to transact business, when barter could not be employed.
Synthetic ammonia is then added to the circulating medium to regenerate the magnesium hydroxide.